Making development finance work
- From: Vol 7, Issue 8 (August 2006)
- Category: Market insight
- Region: Unspecified
- Country:
- Related Companies: Dexia, Fitch and Optimira Energy
To achieve the Millennium Development Goals for Water and Sanitation, more money has to be made available to the municipalities who can make a difference. Kathy Shandling examines who is doing what to make this possible.
One of the biggest obstacles to financing water and wastewater projects in poor countries is that the money is available internationally in hard currency but the need is local, with revenues generated in local currency. As a result, it is difficult enough to provide funding to those municipalities and parastatals who really need it; when the funds do reach the ...
Subscription required
To read this full article you must be subscribed to Global Water Intelligence.
Subscribe Now, Sign up for a Free Trial or Log In
