Building Financial Resilience : Lessons Learned from the Early Impact of COVID-19 on Water and Sanitation Service Providers in Latin America
While the coronavirus disease (COVID-19) pandemic reinforced the critical role that water supply and sanitation (WSS) plays in preventing its spread, it affected the financial stability of service providers in the industry. In response to demands f...
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| Language: | English |
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World Bank, Washington, DC
2021
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| Online Access: | http://documents.worldbank.org/curated/undefined/546661631524056019/Building-Financial-Resilience-Lessons-Learned-from-the-Early-Impact-of-COVID-19-on-Water-and-Sanitation-Service-Providers-in-Latin-America http://hdl.handle.net/10986/36300 |
| Summary: | While the coronavirus disease (COVID-19)
pandemic reinforced the critical role that water supply and
sanitation (WSS) plays in preventing its spread, it affected
the financial stability of service providers in the
industry. In response to demands from the client countries,
the World Bank carried out an analytical service and
advisory (ASA) activity to assess the financial impact of
the Coronavirus (COVID-19) pandemic on WSS service providers
in Latin America and identify possible mechanisms to improve
service providers’ resilience to these external shocks. This
report presents the key findings from the financial impact
assessment of the Coronavirus (COVID-19) pandemic on WSS
service providers in Latin America and draws cross-cutting
lessons. The report also documents examples of good
practices that can be implemented at the WSS service
provider and government levels to build the financial
resilience of the sector and lays out some financing
mechanisms that can help service providers enhance their
capacity to cope with future pandemics or other crises,
including natural disasters. It is envisioned that the
findings of this report will inform policymakers and WSS
service providers in the World Bank’s client countries in
planning for financial resilience building in the WSS sector. |
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