ADFIAP Speaks at USAID ECO-Asia Water and Sanitation Workshop

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On invitation by the Environmental Cooperation -Asia (ECO-Asia), a regional program of the United States Agency for International Development (USAID), ADFIAP, represented by its Secretary General, Mr. Octavio B. Peralta, made a presentation on its mission and activities as well as familiarized the delegates on how banks assess loan proposals at the Regional Workshop on “Fostering Cooperation for Improved Access to Water Supply and Sanitation among ASEAN Cities” on September 25-26, 2007 in Bangkok, Thailand. The workshop was supported by the ASEAN Working Group on Environmentally Sustainable Cities (AWGESC) and hosted by the Bangkok Metropolitan Administration.

ADFIAP and ECO-Asia share the common objective of supporting sustainable development in Asia. Under its Hanoi Declaration No. 5, ADFIAP and its member-DFIs committed to explore opportunities for facilitating water sector financing. ADFIAP and ECO-Asia also share the common objective of working in cooperative arrangements with other international development partners to share information as well as to develop and implement joint programs.

ECO-Asia works to support achievement of the Millennium Development Goals (MDGs) by promoting improved access to sustainable water and sanitation services. ECO-Asia pilots innovative strategies for expanding, improving and financing access to services, especially to the urban poor, focusing on four principal areas: (1) safe water access; (2) sustainable sanitation; (3) water and wastewater utility strengthening; and (4) innovative financing. ECO-Asia partners with cities, water utilities, financing institutions, and regional platforms, like ASEAN, to promote regional cooperation through sharing of knowledge and best practices.

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