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As global water demand rises and supply becomes less predictable, water security is increasingly priced as a core economic risk. Public budgets alone cannot keep pace with the infrastructure upgrades, watershed protection, and resilience investments needed to deliver water reliably to households, industry, and agriculture. Which instruments, from water-focused funds to blended finance structures, are most effective at mobilizing private capital for watershed conservation and restoration? How can catalytic public and philanthropic capital de-risk early projects and attract institutional investors? And what governance, data, and valuation standards are needed to measure outcomes with confidence and scale projects?