Financing Water Supply and Sanitation Investments : Utilizing Risk Mitigation Instruments to Bridge the Financing Gap
Water supply is essential for growth, as well as for social well-being. It is probably the most difficult of all infrastructure services to substitute, and its absence or deficiency represents a particular burden on the poor. In the developing worl...
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| Language: | English en_US |
| Published: |
World Bank, Washington, DC
2014
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| Online Access: | http://documents.worldbank.org/curated/en/2005/01/5730871/financing-water-supply-sanitation-investments-utilizing-risk-mitigation-instruments-bridge-financing-gap http://hdl.handle.net/10986/17235 |
| Summary: | Water supply is essential for growth, as
well as for social well-being. It is probably the most
difficult of all infrastructure services to substitute, and
its absence or deficiency represents a particular burden on
the poor. In the developing world, 2 out of every 10 people
lack access to a safe water supply, and 5 out of 10 have
inadequate sanitation. This means that worldwide, more than
1.1 billion people do not have access to safe drinking
water, and roughly 2.4 billion are without adequate
sanitation. Yet even these estimates understate the extent
of the access gap. Service is poor, even in many countries
that have water supply systems. For many consumers, piped
water is often intermittent, and, when available, it is
unsafe for drinking. In addition, sanitation facilities are
often inadequate, overloaded, in disrepair, or unused. To
improve the situation, the World Summit on Sustainable
Development in 2002 specified the targets of the Millennium
Development Goals, which aim to reduce by half the
proportion of people without sustainable access to safe
drinking water and basic sanitation by 2015. Success in this
would mean providing an additional 1.5 billion people with
access to safe and reliable water and about 2 billion people
with basic sanitation services. |
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