Financial Services to Improve Access to Water and Sanitation in Sub-Saharan Africa
Achieving the millennium development goals, particularly, reducing child mortality (the fourth), and halving the proportion of people without sustainable access to safe drinking water (the seventh) requires significant improvements in access to saf...
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| Format: | Brief |
| Language: | English |
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World Bank, Washington, DC
2012
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| Online Access: | http://documents.worldbank.org/curated/en/2008/09/9978005/financial-services-improve-access-water-sanitation-sub-saharan-africa-financial-services-improve-access-water-sanitation-sub-saharan-africa http://hdl.handle.net/10986/9504 |
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okr-10986-95042021-04-23T14:02:45Z Financial Services to Improve Access to Water and Sanitation in Sub-Saharan Africa Biesinger, Brigitte Richter, Maren ACCESS TO FINANCIAL SERVICES ACCESS TO SAFE DRINKING WATER ACCESS TO SAFE WATER ACCESS TO WATER ACCESS TO WATER SUPPLY APPROPRIATE TECHNOLOGY BASIC SANITATION CHILD MORTALITY CLEAN WATER COMMERCIAL BANKS CREDIT CONSTRAINT CREDIT INSTITUTIONS EARNINGS ECONOMIC ACTIVITY EXTREME POVERTY FINANCIAL INSTITUTIONS FINANCIAL INSTRUMENTS FINANCIAL INTERMEDIARIES FINANCIAL PRODUCTS FINANCIAL SERVICE FINANCIAL SERVICE PROVIDERS FINANCIAL SERVICES FINANCIAL SYSTEM FINANCIAL SYSTEMS FINANCIAL VIABILITY FORMAL CREDIT INCOME GROUPS INFORMATION GAP LARGE UTILITIES LATRINE LOAN LOW-INCOME HOUSEHOLDS MICRO-FINANCE MICRO-LOANS MICROFINANCE MICROFINANCE INSTITUTIONS OUTREACH PRIVATE OPERATORS PUBLIC FUNDS PUBLIC UTILITIES RAINWATER HARVESTING REGULATORY MECHANISMS SAFE WATER SUPPLY SANITATION FACILITIES SANITATION INFRASTRUCTURE SANITATION MARKET SANITATION PROVIDERS SANITATION SECTOR SANITATION SERVICE SANITATION SERVICE PROVIDERS SANITATION SERVICES SANITATION TECHNOLOGY SAVINGS SERVICE PROVIDER SERVICE PROVIDERS SERVICE PROVISION SMALL BUSINESS SMALL BUSINESS FINANCE SMALL BUSINESSES SMALL ENTERPRISES SMALL-BUSINESS SMALL-SCALE SERVICE PROVIDERS SMALL-SCALE WATER URBAN AREAS USERS WATER SUPPLY WATER TANK WATER TARIFFS Achieving the millennium development goals, particularly, reducing child mortality (the fourth), and halving the proportion of people without sustainable access to safe drinking water (the seventh) requires significant improvements in access to safe water and basic sanitation. In Sub-Saharan Africa a water and sanitation crisis looms. Forty-four percent of the population does not have reliable access to safe water, and 63 percent remain un-served by sanitation facilities. Income poverty is also at a crisis stage. Some 72 percent of the population in Africa lives on less than US$2 a day and 41 percent suffers from extreme poverty on less than $1 a day. Despite the dire need and consensus on the goals, public funds for water supply and sanitation are drying up. Marrying the financial with the water and sanitation sectors to make financial services available to low-income households and small-scale providers of water and sanitation services is a market-driven, market-friendly approach to resolving the credit constraint that is inhibiting the development of water and sanitation infrastructure in Africa. Depending on the situation, this approach: (1) promotes the provision of financial services directly to low-income households in order to enable their investment, (2) extends access to water and sanitation services to poor households by making financial instruments available to micro-, small-, and medium-size private operators, and/or (3) targets public funds more effectively to the extreme poor. Key strategies are: 1) closing the information gap that exists between the sectors at the policy and operational levels, and between service users and service suppliers; 2) supporting competition and financial viability in service provision in addressing policy challenges; 3) financial broadening by widening the range of financial products suitable for small-scale water supply and sanitation; 4) financial deepening by increasing the outreach and coverage of financial institutions to small-scale service providers and users; and 5) tight targeting of grant funding to the extreme poor and low-potential areas, and separating it from loans. 2012-08-13T08:48:40Z 2012-08-13T08:48:40Z 2008-09 http://documents.worldbank.org/curated/en/2008/09/9978005/financial-services-improve-access-water-sanitation-sub-saharan-africa-financial-services-improve-access-water-sanitation-sub-saharan-africa http://hdl.handle.net/10986/9504 English Agricultural and Rural Development Notes; No. 42 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Brief Publications & Research Africa |
| 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 FINANCIAL SERVICES ACCESS TO SAFE DRINKING WATER ACCESS TO SAFE WATER ACCESS TO WATER ACCESS TO WATER SUPPLY APPROPRIATE TECHNOLOGY BASIC SANITATION CHILD MORTALITY CLEAN WATER COMMERCIAL BANKS CREDIT CONSTRAINT CREDIT INSTITUTIONS EARNINGS ECONOMIC ACTIVITY EXTREME POVERTY FINANCIAL INSTITUTIONS FINANCIAL INSTRUMENTS FINANCIAL INTERMEDIARIES FINANCIAL PRODUCTS FINANCIAL SERVICE FINANCIAL SERVICE PROVIDERS FINANCIAL SERVICES FINANCIAL SYSTEM FINANCIAL SYSTEMS FINANCIAL VIABILITY FORMAL CREDIT INCOME GROUPS INFORMATION GAP LARGE UTILITIES LATRINE LOAN LOW-INCOME HOUSEHOLDS MICRO-FINANCE MICRO-LOANS MICROFINANCE MICROFINANCE INSTITUTIONS OUTREACH PRIVATE OPERATORS PUBLIC FUNDS PUBLIC UTILITIES RAINWATER HARVESTING REGULATORY MECHANISMS SAFE WATER SUPPLY SANITATION FACILITIES SANITATION INFRASTRUCTURE SANITATION MARKET SANITATION PROVIDERS SANITATION SECTOR SANITATION SERVICE SANITATION SERVICE PROVIDERS SANITATION SERVICES SANITATION TECHNOLOGY SAVINGS SERVICE PROVIDER SERVICE PROVIDERS SERVICE PROVISION SMALL BUSINESS SMALL BUSINESS FINANCE SMALL BUSINESSES SMALL ENTERPRISES SMALL-BUSINESS SMALL-SCALE SERVICE PROVIDERS SMALL-SCALE WATER URBAN AREAS USERS WATER SUPPLY WATER TANK WATER TARIFFS |
| spellingShingle |
ACCESS TO FINANCIAL SERVICES ACCESS TO SAFE DRINKING WATER ACCESS TO SAFE WATER ACCESS TO WATER ACCESS TO WATER SUPPLY APPROPRIATE TECHNOLOGY BASIC SANITATION CHILD MORTALITY CLEAN WATER COMMERCIAL BANKS CREDIT CONSTRAINT CREDIT INSTITUTIONS EARNINGS ECONOMIC ACTIVITY EXTREME POVERTY FINANCIAL INSTITUTIONS FINANCIAL INSTRUMENTS FINANCIAL INTERMEDIARIES FINANCIAL PRODUCTS FINANCIAL SERVICE FINANCIAL SERVICE PROVIDERS FINANCIAL SERVICES FINANCIAL SYSTEM FINANCIAL SYSTEMS FINANCIAL VIABILITY FORMAL CREDIT INCOME GROUPS INFORMATION GAP LARGE UTILITIES LATRINE LOAN LOW-INCOME HOUSEHOLDS MICRO-FINANCE MICRO-LOANS MICROFINANCE MICROFINANCE INSTITUTIONS OUTREACH PRIVATE OPERATORS PUBLIC FUNDS PUBLIC UTILITIES RAINWATER HARVESTING REGULATORY MECHANISMS SAFE WATER SUPPLY SANITATION FACILITIES SANITATION INFRASTRUCTURE SANITATION MARKET SANITATION PROVIDERS SANITATION SECTOR SANITATION SERVICE SANITATION SERVICE PROVIDERS SANITATION SERVICES SANITATION TECHNOLOGY SAVINGS SERVICE PROVIDER SERVICE PROVIDERS SERVICE PROVISION SMALL BUSINESS SMALL BUSINESS FINANCE SMALL BUSINESSES SMALL ENTERPRISES SMALL-BUSINESS SMALL-SCALE SERVICE PROVIDERS SMALL-SCALE WATER URBAN AREAS USERS WATER SUPPLY WATER TANK WATER TARIFFS Biesinger, Brigitte Richter, Maren Financial Services to Improve Access to Water and Sanitation in Sub-Saharan Africa |
| geographic_facet |
Africa |
| relation |
Agricultural and Rural Development Notes; No. 42 |
| description |
Achieving the millennium development
goals, particularly, reducing child mortality (the fourth),
and halving the proportion of people without sustainable
access to safe drinking water (the seventh) requires
significant improvements in access to safe water and basic
sanitation. In Sub-Saharan Africa a water and sanitation
crisis looms. Forty-four percent of the population does not
have reliable access to safe water, and 63 percent remain
un-served by sanitation facilities. Income poverty is also
at a crisis stage. Some 72 percent of the population in
Africa lives on less than US$2 a day and 41 percent suffers
from extreme poverty on less than $1 a day. Despite the dire
need and consensus on the goals, public funds for water
supply and sanitation are drying up. Marrying the financial
with the water and sanitation sectors to make financial
services available to low-income households and small-scale
providers of water and sanitation services is a
market-driven, market-friendly approach to resolving the
credit constraint that is inhibiting the development of
water and sanitation infrastructure in Africa. Depending on
the situation, this approach: (1) promotes the provision of
financial services directly to low-income households in
order to enable their investment, (2) extends access to
water and sanitation services to poor households by making
financial instruments available to micro-, small-, and
medium-size private operators, and/or (3) targets public
funds more effectively to the extreme poor. Key strategies
are: 1) closing the information gap that exists between the
sectors at the policy and operational levels, and between
service users and service suppliers; 2) supporting
competition and financial viability in service provision in
addressing policy challenges; 3) financial broadening by
widening the range of financial products suitable for
small-scale water supply and sanitation; 4) financial
deepening by increasing the outreach and coverage of
financial institutions to small-scale service providers and
users; and 5) tight targeting of grant funding to the
extreme poor and low-potential areas, and separating it from loans. |
| format |
Publications & Research :: Brief |
| author |
Biesinger, Brigitte Richter, Maren |
| author_facet |
Biesinger, Brigitte Richter, Maren |
| author_sort |
Biesinger, Brigitte |
| title |
Financial Services to Improve Access to Water and Sanitation in Sub-Saharan Africa |
| title_short |
Financial Services to Improve Access to Water and Sanitation in Sub-Saharan Africa |
| title_full |
Financial Services to Improve Access to Water and Sanitation in Sub-Saharan Africa |
| title_fullStr |
Financial Services to Improve Access to Water and Sanitation in Sub-Saharan Africa |
| title_full_unstemmed |
Financial Services to Improve Access to Water and Sanitation in Sub-Saharan Africa |
| title_sort |
financial services to improve access to water and sanitation in sub-saharan africa |
| publisher |
World Bank, Washington, DC |
| publishDate |
2012 |
| url |
http://documents.worldbank.org/curated/en/2008/09/9978005/financial-services-improve-access-water-sanitation-sub-saharan-africa-financial-services-improve-access-water-sanitation-sub-saharan-africa http://hdl.handle.net/10986/9504 |
| _version_ |
1764409601549139968 |