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The EIB has been the largest source of loan financing to the global water sector to date as compared with other international financing institutions. In the five-year period 2008 to 2012, EIB direct lending to water-related projects, including irrigation and sewerage, amounted to some EUR 17bn of which 89% was for schemes in the Member States of the European Union. A total of 136 major water supply, sanitation and flood protection projects were financed during this period. -- EU Bookshop.
The EIB has been the largest source of loan financing to the global water sector to date as compared with other international financing institutions. In the five-year period 2008 to 2012, EIB direct lending to water-related projects, including irrigation and sewerage, amounted to some EUR 17bn of which 89% was for schemes in the Member States of the European Union. A total of 136 major water supply, sanitation and flood protection projects were financed during this period.
The European Union's Urban Waste Water Treatment Directive (UWWTD) has led national governments, local authorities and industry to invest large amounts of money in controlling water pollution. Today, 15 Member States of the EU have collecting systems in place for 95% of the pollution and secondary treatment for 87%. However, some areas still lack waste water treatment facilities. In the 12 'new' Member States, which start from a lower compliance base, EUR 35 billion will be needed to achieve full implementation of the Directive. The EIB will complement the grants available from the European Commission by co financing networks and treatment facilities in the new Member States. This factsheet is part of the brochure "EIB in the water sector: financing water supply and sanitation."
The climate crisis and the COVID-19 pandemic remind us that we cannot face down our challenges alone—our solutions must be global. The European Investment Bank is at the heart of the push to turn EU policy initiatives into real development solutions on the ground. This report provides insights into our vital projects and initiatives outside the European Union, data on their impact and ideas for the future of development through a series of expert essays.
This report examines innovative mechanisms that can help attract new financial resources into water and sanitation services. In particular, it focuses on mobilising market-based repayable financing.
This book explores the potential for public banks to help finance the expansion, democratization, and sustainability of public water services in Europe, with implications for public water financing elsewhere in the world. Financing the UN’s Sustainable Development Goal 6 for water and sanitation will be enormously expensive and will also depend largely on public water operators. Where will this money to fund public water services come from? One option is public banks. These state-owned institutions constitute just under 20% of global banking assets, holding close to $50 trillion in assets. Many public banks have explicit mandates to finance public water management and related public goods, and they have been doing so for decades. And yet, despite a resurgence of interest in public banks, their roles and potential in funding public water services have been largely ignored by researchers and policy makers. This book aims to measure the scale and nature of interactions between public banks and public water operators in the European region; identify challenges and opportunities for deeper engagement between public banks and public water operators; recognize promising practices and how these might be transferred elsewhere in the world; and assess possibilities for more democratic forms of public bank and public water interactions. This volume will be of great use to students and researchers interested in political ecology and economy, development and cooperation, public policy as well as water governance and management. The chapters in this book were originally published as a special issue of Water International.
The European Investment Bank is helping African, Caribbean and Pacific countries in parts of society that are sometimes forgotten — young people, women and girls, small companies, rural villages. We are creating opportunities for everyone. In this report, you can meet the people who are making a difference for themselves and for others. There are stories on the COVID-19 pandemic as well as a wider range of healthcare challenges. We speak to the head of the United Nations Development Programme about the Sustainable Development Goals. There are stories about female entrepreneurs in the Dominican Republic and the financing of farmers in Malawi. What all the people and places have in common is the need for good advice and investment. Please read this annual report in conjunction with the financial statements.