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According to Raquibul Amin, country representative of the International Union for Conservation of Nature and Natural Resources (IUCN) Bangladesh, benefit sharing can provide a solution to conserve water resources and ensure integrated and cooperative management of the Meghna River Basin.
“Negotiations on benefit sharing are based on the principles of the International Water Law, such as reasonable and equitable utilisation of the shared water resources, not inflicting harm, and achieving win-win outcomes for multiple stakeholders,” Amin told IPS, adding that governance based on benefit sharing was more holistic than traditional governance, which has historically been about allocating water.
One example of traditional water governance is the 1996 Ganges Water Treaty between India and Bangladesh, which is based on sharing volumes of water.
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