Development Impact Bond Targets Sanitation in Cambodia
Tuesday, November 19, 2019
By Adva Saldinger
The government of Cambodia has made a commitment to becoming open defecation free by 2025 and a new development impact bond — the first in the water, sanitation and hygiene sector — aims to help the country get there.
The Stone Family Foundation, International Development Enterprises, and the U.S. Agency for International Development launched a $10 million DIB this week focused on using a market-based model to help 1600 villages in six provinces become open defecation free in by the end of 2023.
While access to sanitation in Cambodia is improving dramatically, there is still a need for significant investment as those without access to toilets become harder to reach, are more often lower-income, or marginalized.
Photo courtesy of Kate Fogelberg.
Source: Devex (link opens in a new window)
- global development, SDGs