World Bank says $150 billion a year needed for clean water
Countries need to quadruple spending to $150 billion a year to deliver universal safe water and sanitation, helping to reduce childhood disease and deaths while boosting economic growth, said a new World Bank report.
Investments should be better coordinated and targeted to ensure services reach the most vulnerable, and governments need to engage the private sector more closely to meet the high costs, the report counsels.
The high cost of clean water risks jeopardizing the ability of countries to meet the SDG of providing access to safe and affordable sanitation for all by 2030, said the World Bank.
More than three quarters of those without piped water supplies live in rural areas, where only 20 percent have access to “improved sanitation.”
In cities, poor people are up to three times less likely to have piped water than people in better off areas. Nigeria provided piped water to fewer than 10 percent of city dwellers in 2015, down from 29 percent 25 years earlier. “Water and sanitation services need to improve dramatically or the consequences on health and well-being will be dire,” said Rachid Benmessaoud, Nigeria country director for the World Bank.