AquaRating – to bridge the financial gap in the WASH sector

How to bridge the financial gap in the WASH sector by helping water utilities become creditworthy? Annually, it has been estimated that approximately 114 billion USD must be spent in the WASH sector if the dedicated water goal, the Sustainable Development Goal 6 (SDG 6) is to be achieved by 2030[i]. However, current annual investment, ≈25 billion USD, is very far from this number. Some reasons for this financial gap include the high global standards expressed in the SDGs 6.1 and 6.2: universal and equitable access to safe and affordable drinking water for all, and adequate and equitable sanitation and hygiene for all and ending open defecation. The gap is also expanded by the capability of the sector to acquire (and pay back) loans[ii], among others. Even if higher, mobilisation of funds … Continue reading AquaRating – to bridge the financial gap in the WASH sector