it is bad if it generates undue transaction costs and does not respond to placebased needs oecd in addition a range of oecd committees and subsidiary bodies carried out extensive consultation including the environment policy committee and its working party on biodiversity water and ecosystems the public governance committee and its working party of senior public integrity officials the development assistance committee the committee on investment and the committee on agriculture broader principles of good governance apply to the water sector and water governance outcomes can also be contingent on progress in other domains of the water policy framework