Publication of the Private Sector & Development #42 magazine - Access to water and sanitation: the private sector at the source
published on 19 November 2024
Proparco is publishing the 42nd edition of its Private Sector & Development magazine, dedicated to the role of private sector in the access to water and sanitation. This is a major issue at a time when more than 2.2 billion people worldwide still do not have access to safe drinking water in their homes and 3.5 billion people lack adequate sanitation.
According to the UN, the rate of investment in drinking water needs to be increased sixfold, investment in sanitation fivefold, and investment in hygiene threefold, if we are to meet the targets of SDG 6 by 2030, which aims for universal and equitable access to safe drinking water, hygiene and sanitation.
Now more than ever, the “water and sanitation” issue finally seems to be making its way up the international agenda. France is playing its part by jointly organizing, along with Kazakhstan, Saudi Arabia and the World Bank, the One Water Summit – December 3, 2024 – on the sidelines of COP 16 on the fight against desertification.
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“As a major international financial institution in this sector, with €1.8 billion committed in 2023, including €300 million for Proparco, AFD Group has an important role to play in this new-found momentum”, say Djalal Khimdjee, Deputy CEO of Proparco and Laurent Biddiscombe, Director of the Sustainable Solutions Department, AFD in the editorial of this issue.
This issue of Private Sector & Development uses numerous examples, analyses and feedback to illustrate the wide range of projects and arrangements currently in progress. It demonstrates the conditions and approaches that can enable private companies – especially operators – to play a part in improving access to water and sanitation, with a view to ensuring service quality and sustainability.
Presentation of Private Sector & Development #42 magazine
by Madeleine Portmann, Deputy Head of the Water and Sanitation Division at AFD and Ichem Besseghir, Principal Investment Officer at Proparco
