Governments should redesign WASH subsidies to benefit those who need them the most, rather than those who can afford to pay themselves.Policy Advisor at Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ)
Most often, I think too few stakeholders have any real idea how to bridge the gap from seeing the water supply and sanitation sector as a technology problem to be solved; to understanding and then applying existing financial approaches and structures as a core component of achieving SDG6 – we need to look at the energy sector lessons for how to leap frog this chasm.Senior Manager and Practice Lead, Sector Engagement | Water.org
It is evident that to access the levels of finance required, the policy, institutional and regulatory enabling environment must be conducive. Although the increase of capital inflows is a necessary condition, it is insufficient. Increased coverage of sustainable water supply and sanitation services will require financial and institutional strengthening measures in tandem to ensure that capital investments translate in to effective, efficient and sustainable services.
Gustavo recommends the publication: Reform and Finance for the Urban Water Supply and Sanitation Sector.Global Lead for Water Supply and Sanitation, Water Global Practice, The World Bank
Dr Fiona Gore
The World Health Organisation works on finance in the WASH sector because without adequate, well allocated finance, billions of people will continue to lack access to safe drinking-water and adequate sanitation. Access to water and sanitation could ultimately save over 800 000 lives per year, many of which are children, and improve the lives of many more. There are great opportunities to improve and increase WASH finance data, leading to more informed decision-making.
Fiona recommends the GLAAS report and specifically the use of the TrackFin methodology to understand expenditure in the sector at country level.Team Leader WHO-led UN-Water Global Analysis and Assessment of Sanitation and Drinking-Water (GLAAS), WHO
Pim van der Male
The sense of urgency in covering the existing financing gap for WASH seems to be absent in the sector. We need to move from talking about finance to actually implementing innovations in this area. We need more focus on local currency financing. Hard currency financing results in a lack of sustainable management and public accountability. Hard currency and sovereign guarantee loans disconnect the risks and associated costs from the repayment of the loan through the water tariffs and revenues. And sovereign guarantee loans disconnect the asset creation by the national government from the operations and maintenance by the service providers.
Pim recommends the report: The real costs of hard currency loans by the REBEL group 2019.hematic Expert Water at Ministry of Foreign Affairs Ministry of Foreign Affairs of the Netherlands
Jeffrey D. Goldberg
Sound governance is essential to mobilize finance for the water and sanitation sector. When countries have effective policies, country-led processes, and institutions capable of delivering sustainable water and sanitation services transparently, they attract investment from both domestic and external sources. That's why USAID is committed to working on water and sanitation sector governance and finance under the U.S. Global Water Strategy.
Jeff recommends the WASH-FIN’s approach to closing financing gaps.Director, Water Office, U.S. Agency for International Development