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Water has an economic value in all its competing uses and therefore needs to be recognized as an economic good. In order to protect water as a valuable ressource, investments are needed to be implemented by Danube countries. The implementation of measures is beneficial for all sectors including water-related ecosystems.

The Danube River Protection Convention forms the overall legal instrument for co-operation on transboundary water management in the Danube River Basin. The Convention was signed on June 29 1994 in Sofia (Bulgaria) and came into force in 1998. It aims to ensure that surface waters and groundwater within the Danube River Basin are managed and used sustainably and equitably.