ADFIAP affiliates with the Asia Pacific Water Forum

AAs part of its sustainable development agenda and in its effort to partner with same-purposed organizations, ADFIAP has affiliated itself with the Asia-Pacific Water Forum (APWF), a Tokyo-based independent, not-for-profit, non-partisan, non-political network. The APWF’s goal is to contribute to sustainable water management in order to achieve the targets of the Millennium Development Goals (MDGs) in Asia and the Pacific by capitalizing on the region’s diversity and rich history of experience in dealing with water as a fundamental part of the human existence. The APWF was officially launched on September 27, 2006 at the headquarters of the Asian Development Bank, in the presence of former Prime Minister of Japan Yoshihiro Mori, who succeeded Mr. Hashimoto as the President of Japan Water Forum.

As water will continue to be a critical resource and sanitation, a crucial concern in the region, ADFIAP has been taking up steps to help its members in this sector. ADFIAP has also been cooperating with the ECO-Asia, a regional project of the United States Agency for International Development (USAID), in developing water project finance which would lead to he establishment of an envisioned ‘ADFIAP Water Facility’ that ADFIAP members can implement.

This effort of the Association is rooted from the Hanoi Declaration No. 5 drafted during the 30th ADFIAP Annual Meetings in Hanoi, Vietnam in May of 2007 which states the commitment of ADFAP member DFIs in exploring opportunities for facilitating water sector financing. This was followed up during the CEO Forum IV in December 2007 in Bangkok, Thailand where chief executives of ADFIAP members discussed the issue of “Responsible Infrastructure Investment: Financing Access to Basic Utilities”.

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