Water sector neglected in EU accession countries
- From: Vol 3, Issue 10 (October 2002)
- Category: General
- Region: Europe
- Country: Czech Republic, Estonia, Hungary, Poland and Slovenia
Enormous investment in the water and wastewater sectors is required to bring standards in central and eastern European countries up to those in the West. A massive €180 billion will be required, even more than the €110 billion needed in the energy sector, according to a report by the German economics institute DIW.
The sum is very large compared with investment efforts over the last ten years, the report revealed. Over the ten years to 2001, the three major development banks – EIB, EBRD and the World Bank – spent €1.1 billion in the water sector. Adopting an EU Commission assumption that every €1 of donor funding is matched by €6 of investment by ...
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