Local Financing of Water Utilities : Challenges and Opportunities - The Case of Peru

This report identifies opportunities and challenges for local financing of water utilities in Peru and suggests recommendations for removing barriers and creating incentives for scaling-up local financing to local water utilities. It was developed...

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Main Author:	World Bank
Format:	Energy Study
Language:	English
Published:	World Bank 2012
Subjects:	ACCESS TO FINANCE ACCESS TO SAFE WATER AFFORDABLE INTEREST RATES ARREARS BALANCE SHEET BANK DEPOSITS BANKING SECTOR BID BOND BOND INVESTMENTS BONDS BORROWING CAPITAL MARKETS CASH-FLOWS CENTRAL GOVERNMENT CHAMBER OF COMMERCE COMMERCIAL BANKING COMMERCIAL BANKS CONCESSION CONTRACT CONCESSION CONTRACTS CONFIDENCE OF LENDERS CONNECTION COST OF WATER CREDIT RATINGS CREDITORS CURRENCY CURRENCY RISKS DEBT DEFAULT DEBT INSTRUMENTS DEBT INVESTMENT DEBTS DEFAULT RISK DEVELOPING COUNTRIES DEVELOPMENT ASSISTANCE DRINKING WATER ECONOMIC REGULATOR EXPANSION EXPLOITATION EXTERNAL FUNDING FINANCIAL MARKET FINANCIAL PERFORMANCE FINANCIAL RESOURCES FINANCING OF INFRASTRUCTURE PROJECTS FOREIGN DEBT FUNDING SOURCES GOVERNMENT BUDGET HOUSEHOLD CONNECTIONS INFRASTRUCTURE PROJECT INSTITUTIONAL INVESTORS INTEREST RATES INTERNATIONAL CAPITAL INTERNATIONAL CAPITAL MARKETS INTERNATIONAL MARKET INVESTMENT ACTIVITIES INVESTMENT ACTIVITY INVESTMENT DECISION INVESTMENT PLANNING INVESTMENT PORTFOLIO IPO LEGAL ENVIRONMENT LENDERS LIQUIDATION LOAN LOCAL COMMUNITIES LOCAL DEBT LOCAL FINANCIAL MARKETS LOCAL GOVERNMENT LOCAL GOVERNMENTS LOCAL INVESTORS LOCAL SUPPLY LOCAL WATER LOCAL WATER UTILITIES LOCAL WATER UTILITY MAIN URBAN AREAS MARKET LIQUIDITY MARKET STRUCTURE MATURITIES MATURITY MUNICIPAL GOVERNMENTS MUNICIPALITIES NUMBER OF CONNECTIONS OPERATIONAL PERFORMANCE PENSION PENSION FUNDS PENSIONS PRIVATE FINANCING PRIVATE OPERATORS PRIVATE PARTNERSHIPS PROVISION OF WATER PROVISION OF WATER SUPPLY PUBLIC SERVICES QUALITY OF SERVICE RISK MITIGATION ROADS SANITATION SANITATION SECTOR SAVINGS SEWERAGE TARIFF LEVELS TARIFF SETTING TECHNICAL ASSISTANCE TRANSPARENCY URBAN AREAS URBAN WATER URBAN WATER SECTOR URBAN WATER UTILITIES USERS WASTE WATER WASTE WATER TREATMENT WATER OPERATORS WATER SECTOR WATER TREATMENT PLANTS WATER UTILITIES
Online Access:	http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000333037_20100905235429 http://hdl.handle.net/10986/2899

id	okr-10986-2899
recordtype	oai_dc
spelling	okr-10986-28992021-04-23T14:02:05Z Local Financing of Water Utilities : Challenges and Opportunities - The Case of Peru World Bank ACCESS TO FINANCE ACCESS TO SAFE WATER AFFORDABLE INTEREST RATES ARREARS BALANCE SHEET BANK DEPOSITS BANKING SECTOR BID BOND BOND INVESTMENTS BONDS BORROWING CAPITAL MARKETS CASH-FLOWS CENTRAL GOVERNMENT CHAMBER OF COMMERCE COMMERCIAL BANKING COMMERCIAL BANKS CONCESSION CONTRACT CONCESSION CONTRACTS CONFIDENCE OF LENDERS CONNECTION COST OF WATER CREDIT RATINGS CREDITORS CURRENCY CURRENCY RISKS DEBT DEFAULT DEBT INSTRUMENTS DEBT INVESTMENT DEBTS DEFAULT RISK DEVELOPING COUNTRIES DEVELOPMENT ASSISTANCE DRINKING WATER ECONOMIC REGULATOR EXPANSION EXPLOITATION EXTERNAL FUNDING FINANCIAL MARKET FINANCIAL PERFORMANCE FINANCIAL RESOURCES FINANCING OF INFRASTRUCTURE PROJECTS FOREIGN DEBT FUNDING SOURCES GOVERNMENT BUDGET HOUSEHOLD CONNECTIONS INFRASTRUCTURE PROJECT INSTITUTIONAL INVESTORS INTEREST RATES INTERNATIONAL CAPITAL INTERNATIONAL CAPITAL MARKETS INTERNATIONAL MARKET INVESTMENT ACTIVITIES INVESTMENT ACTIVITY INVESTMENT DECISION INVESTMENT PLANNING INVESTMENT PORTFOLIO IPO LEGAL ENVIRONMENT LENDERS LIQUIDATION LOAN LOCAL COMMUNITIES LOCAL DEBT LOCAL FINANCIAL MARKETS LOCAL GOVERNMENT LOCAL GOVERNMENTS LOCAL INVESTORS LOCAL SUPPLY LOCAL WATER LOCAL WATER UTILITIES LOCAL WATER UTILITY MAIN URBAN AREAS MARKET LIQUIDITY MARKET STRUCTURE MATURITIES MATURITY MUNICIPAL GOVERNMENTS MUNICIPALITIES NUMBER OF CONNECTIONS OPERATIONAL PERFORMANCE PENSION PENSION FUNDS PENSIONS PRIVATE FINANCING PRIVATE OPERATORS PRIVATE PARTNERSHIPS PROVISION OF WATER PROVISION OF WATER SUPPLY PUBLIC SERVICES QUALITY OF SERVICE RISK MITIGATION ROADS SANITATION SANITATION SECTOR SAVINGS SEWERAGE TARIFF LEVELS TARIFF SETTING TECHNICAL ASSISTANCE TRANSPARENCY URBAN AREAS URBAN WATER URBAN WATER SECTOR URBAN WATER UTILITIES USERS WASTE WATER WASTE WATER TREATMENT WATER OPERATORS WATER SECTOR WATER TREATMENT PLANTS WATER UTILITIES This report identifies opportunities and challenges for local financing of water utilities in Peru and suggests recommendations for removing barriers and creating incentives for scaling-up local financing to local water utilities. It was developed with an understanding that meeting the Millennium Development Goals (MDGs) in water and sanitation in Peru will require scaling up local financing for the sector and that efficiency and effectiveness can be enhanced by greater involvement of local institutional investors and other parties. This joint study exposes many of the barriers to local private financing facing the urban water supply and sewerage (WS&S) sector in Peru. In short, the majority of local water utilities cannot meet credit rating and governance standards required to access private financing. Consequently, loans from financial markets are rare. These findings are probably not specific to Peru. Accordingly, there is great value for central governments to undertake similarly detailed studies to identify the obstacles preventing access to local financing unique to their country's WS&S sector. 2012-03-19T10:24:10Z 2012-03-19T10:24:10Z 2010-06-01 http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000333037_20100905235429 http://hdl.handle.net/10986/2899 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank Economic & Sector Work :: Energy Study The World Region South America Latin America Peru
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English
topic	ACCESS TO FINANCE ACCESS TO SAFE WATER AFFORDABLE INTEREST RATES ARREARS BALANCE SHEET BANK DEPOSITS BANKING SECTOR BID BOND BOND INVESTMENTS BONDS BORROWING CAPITAL MARKETS CASH-FLOWS CENTRAL GOVERNMENT CHAMBER OF COMMERCE COMMERCIAL BANKING COMMERCIAL BANKS CONCESSION CONTRACT CONCESSION CONTRACTS CONFIDENCE OF LENDERS CONNECTION COST OF WATER CREDIT RATINGS CREDITORS CURRENCY CURRENCY RISKS DEBT DEFAULT DEBT INSTRUMENTS DEBT INVESTMENT DEBTS DEFAULT RISK DEVELOPING COUNTRIES DEVELOPMENT ASSISTANCE DRINKING WATER ECONOMIC REGULATOR EXPANSION EXPLOITATION EXTERNAL FUNDING FINANCIAL MARKET FINANCIAL PERFORMANCE FINANCIAL RESOURCES FINANCING OF INFRASTRUCTURE PROJECTS FOREIGN DEBT FUNDING SOURCES GOVERNMENT BUDGET HOUSEHOLD CONNECTIONS INFRASTRUCTURE PROJECT INSTITUTIONAL INVESTORS INTEREST RATES INTERNATIONAL CAPITAL INTERNATIONAL CAPITAL MARKETS INTERNATIONAL MARKET INVESTMENT ACTIVITIES INVESTMENT ACTIVITY INVESTMENT DECISION INVESTMENT PLANNING INVESTMENT PORTFOLIO IPO LEGAL ENVIRONMENT LENDERS LIQUIDATION LOAN LOCAL COMMUNITIES LOCAL DEBT LOCAL FINANCIAL MARKETS LOCAL GOVERNMENT LOCAL GOVERNMENTS LOCAL INVESTORS LOCAL SUPPLY LOCAL WATER LOCAL WATER UTILITIES LOCAL WATER UTILITY MAIN URBAN AREAS MARKET LIQUIDITY MARKET STRUCTURE MATURITIES MATURITY MUNICIPAL GOVERNMENTS MUNICIPALITIES NUMBER OF CONNECTIONS OPERATIONAL PERFORMANCE PENSION PENSION FUNDS PENSIONS PRIVATE FINANCING PRIVATE OPERATORS PRIVATE PARTNERSHIPS PROVISION OF WATER PROVISION OF WATER SUPPLY PUBLIC SERVICES QUALITY OF SERVICE RISK MITIGATION ROADS SANITATION SANITATION SECTOR SAVINGS SEWERAGE TARIFF LEVELS TARIFF SETTING TECHNICAL ASSISTANCE TRANSPARENCY URBAN AREAS URBAN WATER URBAN WATER SECTOR URBAN WATER UTILITIES USERS WASTE WATER WASTE WATER TREATMENT WATER OPERATORS WATER SECTOR WATER TREATMENT PLANTS WATER UTILITIES
spellingShingle	ACCESS TO FINANCE ACCESS TO SAFE WATER AFFORDABLE INTEREST RATES ARREARS BALANCE SHEET BANK DEPOSITS BANKING SECTOR BID BOND BOND INVESTMENTS BONDS BORROWING CAPITAL MARKETS CASH-FLOWS CENTRAL GOVERNMENT CHAMBER OF COMMERCE COMMERCIAL BANKING COMMERCIAL BANKS CONCESSION CONTRACT CONCESSION CONTRACTS CONFIDENCE OF LENDERS CONNECTION COST OF WATER CREDIT RATINGS CREDITORS CURRENCY CURRENCY RISKS DEBT DEFAULT DEBT INSTRUMENTS DEBT INVESTMENT DEBTS DEFAULT RISK DEVELOPING COUNTRIES DEVELOPMENT ASSISTANCE DRINKING WATER ECONOMIC REGULATOR EXPANSION EXPLOITATION EXTERNAL FUNDING FINANCIAL MARKET FINANCIAL PERFORMANCE FINANCIAL RESOURCES FINANCING OF INFRASTRUCTURE PROJECTS FOREIGN DEBT FUNDING SOURCES GOVERNMENT BUDGET HOUSEHOLD CONNECTIONS INFRASTRUCTURE PROJECT INSTITUTIONAL INVESTORS INTEREST RATES INTERNATIONAL CAPITAL INTERNATIONAL CAPITAL MARKETS INTERNATIONAL MARKET INVESTMENT ACTIVITIES INVESTMENT ACTIVITY INVESTMENT DECISION INVESTMENT PLANNING INVESTMENT PORTFOLIO IPO LEGAL ENVIRONMENT LENDERS LIQUIDATION LOAN LOCAL COMMUNITIES LOCAL DEBT LOCAL FINANCIAL MARKETS LOCAL GOVERNMENT LOCAL GOVERNMENTS LOCAL INVESTORS LOCAL SUPPLY LOCAL WATER LOCAL WATER UTILITIES LOCAL WATER UTILITY MAIN URBAN AREAS MARKET LIQUIDITY MARKET STRUCTURE MATURITIES MATURITY MUNICIPAL GOVERNMENTS MUNICIPALITIES NUMBER OF CONNECTIONS OPERATIONAL PERFORMANCE PENSION PENSION FUNDS PENSIONS PRIVATE FINANCING PRIVATE OPERATORS PRIVATE PARTNERSHIPS PROVISION OF WATER PROVISION OF WATER SUPPLY PUBLIC SERVICES QUALITY OF SERVICE RISK MITIGATION ROADS SANITATION SANITATION SECTOR SAVINGS SEWERAGE TARIFF LEVELS TARIFF SETTING TECHNICAL ASSISTANCE TRANSPARENCY URBAN AREAS URBAN WATER URBAN WATER SECTOR URBAN WATER UTILITIES USERS WASTE WATER WASTE WATER TREATMENT WATER OPERATORS WATER SECTOR WATER TREATMENT PLANTS WATER UTILITIES World Bank Local Financing of Water Utilities : Challenges and Opportunities - The Case of Peru
geographic_facet	The World Region South America Latin America Peru
description	This report identifies opportunities and challenges for local financing of water utilities in Peru and suggests recommendations for removing barriers and creating incentives for scaling-up local financing to local water utilities. It was developed with an understanding that meeting the Millennium Development Goals (MDGs) in water and sanitation in Peru will require scaling up local financing for the sector and that efficiency and effectiveness can be enhanced by greater involvement of local institutional investors and other parties. This joint study exposes many of the barriers to local private financing facing the urban water supply and sewerage (WS&S) sector in Peru. In short, the majority of local water utilities cannot meet credit rating and governance standards required to access private financing. Consequently, loans from financial markets are rare. These findings are probably not specific to Peru. Accordingly, there is great value for central governments to undertake similarly detailed studies to identify the obstacles preventing access to local financing unique to their country's WS&S sector.
format	Economic & Sector Work :: Energy Study
author	World Bank
author_facet	World Bank
author_sort	World Bank
title	Local Financing of Water Utilities : Challenges and Opportunities - The Case of Peru
title_short	Local Financing of Water Utilities : Challenges and Opportunities - The Case of Peru
title_full	Local Financing of Water Utilities : Challenges and Opportunities - The Case of Peru
title_fullStr	Local Financing of Water Utilities : Challenges and Opportunities - The Case of Peru
title_full_unstemmed	Local Financing of Water Utilities : Challenges and Opportunities - The Case of Peru
title_sort	local financing of water utilities : challenges and opportunities - the case of peru
publisher	World Bank
publishDate	2012
url	http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000333037_20100905235429 http://hdl.handle.net/10986/2899
_version_	1764386127556378624

Local Financing of Water Utilities : Challenges and Opportunities - The Case of Peru

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