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CaII for GreaIer WaIer InvesImenIs

WaIer is cenIral Io human exisIence. lI is also a key acIor in

reducing poverIy, improving livelihoods, and promoIing
economic growIh. YeI, invesImenIs Io provide people wiIh
sae drinking waIer and decenI IoileI aciliIies, allocaIe and
preserve waIer resources, and properly manage wasIewaIer
have allen seriously behind demands. ln 2002, abouI 700
million people in Asia and Ihe Paciic were sIill wiIhouI access
Io sae waIer, and abouI 2 billion had inadequaIe or no
saniIaIion aciliIies. Lives and livelihoods conIinue Io be losI
due Io loods, conversion o weIlands, or polluIion o waIer
The ^s/a va|e/ va|c/ 2015 sIudy, commissioned by Asian
DevelopmenI 8ank (AD8), World HealIh OrganizaIion, UniIed
NaIions DevelopmenI Programme, and
esIimaIes IhaI annual invesImenIs o aI leasI $8 billion will
be needed over Ihe nexI decade Io meeI Millennium
DevelopmenI Goal IargeIs or sae drinking waIer and
saniIaIion alone. More invesImenIs will be needed or
irrigaIion services, river basin managemenI, lood
managemenI and miIigaIion, and wasIewaIer managemenI
Io ensure Ihe uIure o Ihis precious resource
Clearly, Ihis is a major challenge and one IhaI is complicaIed
by a wide range o governance, insIiIuIional, social,
environmenIal, and poliIical issues.
^s/a va|e/ va|c/ 2015. ^/e Co0n|//es /n ^s/a on !/ac/ |o /ee| !a/e| 10 of |/e
////enn/0m /e.e/omen| Coa/s. December 2005.
UniIed NaIions
Lconomic and Social Commission or Asia and Ihe Paciic

To address Ihese challenges, Ihe World Panel on linancing
WaIer lnrasIrucIure and iIs successor, Ihe Gurria Task
lorce on WaIer linancing, recommended Ihe doubling o
all oicial and privaIe capiIal lows Io Ihe waIer secIor.
Taking up Ihis challenge, AD8 developed a sIrong pipeline
o waIer projecIs or 20062008. However, experience
indicaIes IhaI business as usual is noI enough. WaIer

musI be prioriIized in AD8's overall invesImenI program.
Through Ihe new WaIer linancing Program (WlP)
200620!0, AD8's ManagemenI has decided Io make
waIer a core business area o iIs operaIions and Io
increase iIs waIer invesImenIs Io well over $2 billion
annually. AD8 announced Ihis aI Ihe 4Ih World WaIer
lorum in Mexico CiIy in March 2006.
Heeding Ihe CaII:
AD's WaIer Financing Program 2006-2010
WhaI can Ihe WFP do for Asia and Ihe Pacific?
The new WlP ocuses on Ihe delivery o subsIanIial
invesImenI, reorm, and capaciIy developmenI in Ihree
key areasrural waIer services, urban waIer services, and
river basin waIer managemenI. lI combines expanded
invesImenIs in waIer inrasIrucIure wiIh a sIrong
emphasis on good governance Io manage waIer as a
resource and as a service, and a ocus on beIIer decision
making and implemenIaIion.
200 miIIion people wiIh susIainable access Io sae
drinking waIer and improved saniIaIion,
100 miIIion people wiIh reduced risks Io loods,
The WlP will ocus on achieving Ihese resulIs:

'In addition to meeting MDG target 10 of halving the

proportion of people without safe drinking water and
improved sanitation by 2015, investments in water are
also crucial in meeting other targets, such as those
relating to the incidence of poverty, the proportion of the
worlds poor who suffer from hunger, reducing child and
maternal mortality, the incidence of mafor diseases, and
environmental sustainability`
Geert van der Linden, ADB Vice President for Knowledge
Management and Sustainable Development
AD WaIer Financing Program 2006-2010




To complemenI higher levels o lending, AD8 will
pursue addiIional bilaIeral coinancing parInerships
Io supporI Ihe WaIer linancing Program
200620!0. A WaIer linancing ParInership laciliIy
is being developed or Ihis purpose.
VisiI AD8's WaIer or All websiIe aI
Lmail AD8's WaIer Helpdesk aI waIer_adb.org
How can counIries parIicipaIe in Ihe Program?
For FurIher InformaIion:
The Program provides an opporIuniIy or AD8's
developing member counIries Io increase
invesImenIs in waIer inrasIrucIure and services,
combined wiIh supporI or reorms and capaciIy
l you wanI Io discuss how Ihe Program can work
or your counIry, conIacI Ihe AD8 residenI mission
in your counIry, or Ihe ollowing sIa aI AD8
HeadquarIers in Manila, Philippines.
To conIacI Ihe AD8 residenI mission in your counIry:
Check Ihe number and address aI
lor basin and rural waIer invesImenIs:
WouIer Lincklaen Arriens
Lead WaIer Pesources SpecialisI
lor urban waIer invesImenIs:
K.L. SeeIharam
Principal WaIer Supply and SaniIaIion SpecilaisI
40 miIIion people wiIh more producIive and
LicienI irrigaIion and drainage services,
inIegraIed waIer resource managemenI (lWPM)
inIroduced in 25 river basins, and
improved waIer governance Ihrough naIional
waIer reorms and capaciIy developmenI.
The WlP will ensure Ihe delivery o subsIanIial
invesImenI, reorm, and capaciIy developmenI
programs in Ihese key areas:
RuraI waIer will ocus on invesImenIs Io
improve healIh and livelihoods in rural communiIies,
including Ihose or waIer supply and saniIaIion,
and irrigaIion and drainage.
Urban waIer - will concenIraIe on susIaining
economic growIh in ciIies Ihrough invesImenIs
in waIer supply, saniIaIion and wasIewaIer
managemenI, and environmenIal improvemenI.
asin waIer will promoIe lWPM and healIhy
rivers Ihrough invesImenIs in inrasIrucIure and
managemenI o mulIiuncIional waIer regulaIion
and hydropower aciliIies, lood managemenI,
waIershed and weIlands conservaIion, and more.
How wiII Ihe WFP invesI?
GovernmenIs will have Ihe chance Io choose rom
a range o new inancing opIions IhaI carry reduced
commiImenI ees and oer more lexibiliIy in Ierms
o managing longIerm invesImenI parInership.
They are also suiIable or governmenIs undergoing
decenIralizaIion, and appeal Io local governmenIs.
These include
subsovereign and nonsovereign public secIor
mulIiIranche inancing,
local currency inancing or Ihe public secIor,
inancing syndicaIions, and
risksharing arrangemenIs.
*This article was first published online at ADB's Water for All website in September 2006: htttp://www.adb.org/water/Knowledge-