In cooperation with ECO-Asia, a regional project of the United States Agency for International Development (USAID), ADFIAP is undertaking a survey on Financing for the Water and Sanitation Sector. This is a follow-up action to the CEO Forum IV held in Bangkok, Thailand last December where chief executives of ADFIAP members discussed the issue of “Responsible Infrastructure Investment: Financing Access to Basic Utilities”.
The rationale for the survey centers on the issue that water will continue to be a critical resource and sanitation a crucial concern in the Asia Pacific. And, as studies by the Asian Development Bank and World Bank indicate, there is an urgent need for public as well private investments in the water sector to increase dramatically. ADFIAP believes that this situation could present to its members an opportunity for financing and enhancing their development mandate.
The immediate objective of this survey is to determine the existing portfolio of ADFIAP member-DFIs in the water sector. Specifically, ADFIAP would want to know the lending programs or financial services for investors in the water and sanitation sector. The next-step would be to organize an ADFIAP Water Finance Forum in Manila sometime in June this year to assess how best DFIs can address the water issue. Hopefully, the entire exercise would lead to the establishment of an ‘ADFIAP Water Finance Facility’ that ADFIAP members can implement.
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