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041 _aE
082 _aPamphlet HD 4456 .B35 2005
094 _a(Water Supply and Sanitation Sector Board discussion paper series ; paper no. 4)
100 _aBaietti, Aldo.
110 _aWater Supply & Sanitation Sector Board.
245 _aFinancing water supply and sanitation investments : utilizing risk mitigation instruments to bridge the financing gap / Aldo Baietti and Peter Raymond.
260 _aWashington, D.C. : The World Bank, 2005.
300 _avi, 38 p. : col. charts ; 28 cm.
440 _v(Water Supply and Sanitation Sector Board discussion paper series ; paper no. 4)
500 _a“January 2005”.
500 _a“Includes bibliography”—(p. 29)
500 _aContents: Acronyms and abbreviations—1. Summary—2. Introduction—3. Water supply and sanitation and the financing problem—4. Investment in water supply and sanitation infrastructure—5. IFI risk mitigation products and their utilization (2001-2003)—6. Foreign exchange risk—7. Constraints in the use of guarantees—8. A changing market—9. Push for fundamental reforms to create creditworthy utilities and subsovereigns—10. Deploying guarantees to meet the changing needs of the market—Bibliography—Annexes.
500 _aSummary: “Water supply is essential for growth, as well as for social well-being. It is probably the most difficult of all infrastructure services to substitute, and its absence or deficiency represents a particular burden on the poor. In the developing world, 2 out of every 10 people lack access to a safe water supply, and 5 out of 10 have inadequate sanitation. This means that worldwide, more than 1.1 billion people do not have access to safe drinking water, and roughly 2.4 billion are without adequate sanitation. Yet even these estimates understate the extent of the access gap. Service is poor, even in many countries that have water supply systems. For many consumers, piped water is often intermittent, and, when available, it is unsafe for drinking. In addition, sanitation facilities are often inadequate, overloaded, in disrepair, or unused. To improve the situation, the World Summit on Sustainable Development in 2002 specified the targets of the Millennium Development Goals, which aim to reduce by half the proportion of people without sustainable access to safe drinking water and basic sanitation by 2015. Success in this would mean providing an additional 1.5 billion people with access to safe and reliable water and about 2 billion people with basic sanitation services. To achieve these goals, annual investments in water supply and sanitation in developing countries would likely need to double from the historical level of US
546 _aEnglish
650 _aWater-supply – Finance.
650 _aSanitation – Finance.
650 _aInfrastructure (Economics) – Finance.
650 _aFinancial risk management.
650 _aFinancial instruments.
650 _aThe World Bank Group.
700 _aRaymond, Peter.
710 _aBank Netherlands Water Partnership.
852 _x
906 _a8736
999 _c23019
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