Core Components of Water Fund Investment Priori5za5on Idea, concepto Análisis de servicios ecosistémicos De2inición de área de in2luencia del Fondo de Agua Análisis de actores involucrados en un Fondo de Agua Estudios de factibilidad Creación de un grupo de trabajo promotor Elaboración de estudios técnicos Análisis jurídico e institucional Resultados esperados Diseño del Fondo, negociación y constitución Diseño de Estructura del Fondo de Agua Negociación de contrato entre socios Elaboración de mecanismo de toma de decisiones De2inición de comisiones de administración y remuneraciones Firma del contrato entre socios Conformación del equipo y elaboración del plan estratégico Nombramiento y celebración del primer Comité Directivo Nombramiento del Secretario Técnico Nombramiento del Comité Técnico Diseño del plan estratégico del Fondo Diseño de estrategia de levantamiento de fondos Inicio de actividades y operación del Fondo de Agua Ejecución de plan estratégico Implementación estrategia de levantamiento de recursos Difusión de resultados Evaluación, monitoreo y manejo adaptativo Diseño y ejecución de un plan de monitoreo Water Fund Priori5za5on Ques5ons Regional Scale Where could new water funds be developed? Fund Scale How should a water fund spend its money? (where, what and how much) Water Fund Priori5za5on Components Choose Objec5ves Diagnos5c Screen Select Priority Areas Choose Ac5vi5es Allocate Budget Es5mate Returns Design Monitoring Where could new water funds be developed? Choose Objec5ves Diagnos5c Screen Select Priority Areas Choose Ac5vi5es Allocate Budget Es5mate Returns Design Monitoring How should a water fund spend its money? Choose Objec5ves Diagnos5c Screen Select Priority Areas Choose Ac5vi5es Allocate Budget Es5mate Returns Design Monitoring Op5ons for Applying Components Choose Objec5ves Diagnos5c Screen Select Priority Areas Choose Ac5vi5es Allocate Budget Es5mate Returns Design Monitoring ROI Law Experience Literature Experimental AOribute Ranking Models Nego5ate Experts La5n America Diagnos5c Evalua5on La#n America Region Choose Objec5ves Nego5ate Diagnos5c Screen Ranking-­‐E Choose Ac5vi5es Experience Literature Diagnos5c Screen Ranking-­‐SP Select Priority Areas Nego5ate Experts ROI Brazil Water Producers Atlan#c Forest and Central Savannahs Conserva#on Region Choose Objec5ves Internal Diagnos5c Screen Ranking-­‐ES PCJ Watershed Commi>ee Choose Objec5ves Nego5ate Choose Ac5vi5es Espírito Santo Choose Ac5vi5es Nego5ate Expert Extrema Municipality Diagnos5c Screen Allocate Budget Ranking-­‐E Law Diagnos5c Screen Allocate Budget Diagnos5c Screen Ranking-­‐ES Nego5ate Ranking-­‐E Law Implement FONAPA Paute Watershed Choose Objec5ves Nego5ate Choose Ac5vi5es Experimental Diagnos5c Screen Ranking-­‐ESP Allocate Budget Nego5ate Design Monitoring Experience Cauca Watershed Choose Objec5ves Nego5ate Choose Ac5vi5es Experience Allocate Budget Experience AOribute Diagnos5c Screen Ranking-­‐ESP Models Select Priority Areas Implement ROI Es5mate Returns Design Monitoring Models Literature Water Fund Priori5za5on Core Components Discussion Brainstorm: What are the priori5za5on ques5ons you need to answer? Discussion: Is this a good framework for answering your ques5ons? Do you need other core components to answer these ques5ons? Water Fund Priori5za5on Core Components Discussion Brainstorm: What are the priori5za5on ques5ons you need to answer? Regional: Where to develop water fund? Water fund scale: Where and how each fund should spend its money? Water Fund Priori5za5on Components Choose Objec5ves Discussion: Is this a good framework? Diagnos5c Screen Select Priority Areas Choose Ac5vi5es Do you need other core components to answer your ques5ons? Allocate Budget Es5mate Returns Design Monitoring