Private Sector
HSBC launches US$ 100 million water partnership with WaterAid, WWF and Earthwatch
British multinational bank HSBC has launched a new US$ 100 million, five year partnership with WaterAid, WWF and the Earthwatch Institute. The HSBC Water Programme will bring safe water and improved sanitation to over a million people; tackle water risks in river basins; and raise awareness about the global water challenge. The programme is backed-up […]
India: government funds for sanitation inadequate, private sector should pool in
A model where public funds provide the back-end and private funds provide the front-end can fill the gap in sanitation financing in India, writes Anupam Tyagi from the International Management Institute in the Economic Times of February 9th, 2012. According to a recent report by Water and Sanitation Program (WSP), the lack of adequate sanitation […]
Microfinance: Cambridge University team wins global prize for innovative water financing solution
President Bill Clinton announced Cambridge University as the global winner of the 2nd Annual Hult Global Case Challenge, which focused on identifying solutions to the global water crisis. The Cambridge team was selected by a panel of judges from an international competition of 150 teams from around the world. Hult International Business School provided the […]
Microfinance for water and sanitation: lofty dream or wave of the future?
Katya Jenkins reviews “the latest craze in the creative use of microfinance” – the use of microcredit for the provision of clean water and sanitation – in Microfinance Focus. After examining a number of challenges facing microfinance for water and sanitation, she presents WaterCredit, an initiative of Water.org, as an example of a feasible model […]
World Bank and US Government sign water MoU, Conrad Hilton Foundation and Coca Cola pledge US$ 56 million for WASH
To mark World Water Day, 22 March 2011, World Bank President Robert B. Zoellick and U.S. Secretary of State Hillary Clinton signed an agreement making it easier for the U.S. Government and World Bank to work together to address global water challenges. While the Bank and the U.S. have partnered before on water issues, this […]
Atlas Copco doubles contribution to Water for All
The Swedish-based company Atlas Copco will increase its contribution to Water for All for small-scale drinking water projects. Staring in 2011, the Atlas Copco Group will give two times the sum of the voluntary employee donations. Up till now, around one million people have received clean drinking water through Water for All. Water for All […]
Sri Lanka: Nestlé Lanka drinking water projects now serve 12,000 people
Nestlé Lanka has opened its 11th water fountain at Kuliyapitiya Central College in the island’s North Western Province. The fountain provides drinking water to more than 2500 students. This brings the total number of children and adults that have benefited from the company’s drinking water projects to over 12,000. Nestlé Lanka has built water facilities […]
World Sanitation Financing Facility seeking partners
With the launch of its web site – http://www.sanitationfinance.org -and social media channels, the World Sanitation Financing Facility (WSSF) hopes to attract more technical and financial consortium partners. Formally established in 2009, the WSSF seeks to “increase people’s access to sanitation through collaboration and market-based financing solutions”. The WSFF stresses that it is a facility, […]
Asian Development Bank invests in private equity water infrastructure fund
The Asian Development Bank (ADB) is investing up to US$ 20 million for its first-ever investment in a private equity fund solely focused on supporting the development of water-related infrastructure in the region. ADB’s Board of Directors approved the equity investment in the Amkonzen Asia Water Fund which will invest in water and wastewater assets […]
Vacancy: Water Specialist/Senior Water Specialist, IFC, USA [deadline 08 October]
The International Finance Corporation (IFC) is seeking a Water Specialist with strong strategic, program management, and technical expertise to help scale-up its impact on water markets to promote effective water use and expand access to safe water and sanitation services. Contract: an initial two-year period, renewable based upon outstanding performance and continuing business need Duty […]
