March 28

The Netherlands and the European Investment Bank Provide €25 Million for Water Supply

By Benoit-Ivan Wansi

The Dutch government is pledging €25 million to developing countries on the African continent to strengthen the supply of water to their populations. The support, in partnership with the European Investment Bank (EIB), is part of the Water Sector Fund, an initiative to accelerate the achievement of Sustainable Development Goal 6 (SDG6) on water and sanitation.

“Investing in water and sanitation security is investing in a better future for people and our planet. These words from the Dutch Special Envoy for International Water Affairs, Henk Ovink, are accompanied by a €25 million package for water supply on the African continent.This support from the Dutch government through the European Investment Bank (EIB) will contribute to accelerating the achievement of Sustainable Development Goal 6 (SDG6) on water and sanitation. The aim of this funding is to make water projects more sustainable while improving the resilience of infrastructure to climate change and leveraging additional funds from other donors and investors.The EIB, whose shareholders are the European Union (EU) Member States, has already lent up to EUR 32 billion for water worldwide. On the sidelines of the 9th World Water Forum (WWF), the Kirchberg (Luxembourg) based bank announced a €70 million loan to Senegal. This loan will enable the supply of drinking water to 1.2 million Senegalese.
Photo courtesy of zhang kaiyv.

Source: Afrik21 (link opens in a new window)

partnerships, SDGs