WFF and WaterWorX signed the Memorandum of Understanding for the cooperation in Kenya
Category: News list
Global pooled finance initiative for water gets EUR 10.0M Dutch government backing
A new water financing facility aims to leverage €1 billion of debt finance from local institutional investors.
“The loans would be used for longterm investment in potable water or sanitaion services, and the requirement is that they generate sufficient revenue to make debt repayment possible.”
“The loans would be used for longterm investment in potable water or sanitation services, and the requirement is that they generate sufficient revenue to make debt repayment possible.”
POOLING RESOURCES TO BRIDGE KENYA’S FUNDING GAP
The $400 million funding deficit in Kenya’s National Water Master Plan will need to be met from sources other than the pulic purse. A new pooled water facility could go some way to taking up the slack.
“There is a long history of these structures working, and the beauty is that they can be tailored to the legal and institutional framework of each country.”
“There is a long history of these structures working, and the beauty is that they can be tailored to the legal and institutional framework of each country.”
