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EIB in the water sector: Financing Water Supply and Sanitation
In the light of the objectives assigned to the Bank by its shareholders, the 27 Member States, the EIB has 6 core priority objectives for its lending activity. Water supply and sanitation projects come under the EIB’s environmental priority objective and often support other Bank priority objectives as well. EIB-financed water supply and sanitation projects not only protect and safeguard the natural environment, contribute to people’s welfare, reduce health risks associated with water-borne diseases and protect fragile ecosystems and the diversity of freshwater species, but also support regional development and economic and social cohesion in areas where the lack of infrastructure is a constraint to development.
In 2008, the EIB developed a new lending policy for the water sector. The aim of this policy is to define a set of appropriate policy interventions and actions that will intensify the Bank’s support for the implementation of the EU policy objectives in the sector. The key policy areas defined are:
• Integrated Water Resource Management (IWRM) including transboundary cooperation;
• Supporting the consolidation of institutional frameworks;
• Adaptation to climate change;
• Water efficiency;
• Development of new water supply;
• Wastewater and sanitation services; and
• Research and innovation.
Although, the EIB already has significant experience of working in many of these policy areas in its operations in the sector, the lending policy reinforces their importance in the face of the new challenges faced by the sector.
| Creator | Bram Schim van der Loeff, Communication Department, (+352) 43 79 - 83130; (+352) 43 79 - 63188 - European Investment Bank: 100, boulevard Konrad Adenauer, L-2950 Luxembourg (email: SCHIMVAN@eib.org) |
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| Publisher | Bram Schim van der Loeff, Communication Department, (+352) 43 79 - 83130; (+352) 43 79 - 63188 - European Investment Bank: 100, boulevard Konrad Adenauer, L-2950 Luxembourg |
| Type of document | Brochure |
| Rights | Public |
| File link | n/a |
| File link local |
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| Source of information | EIB |
| Keyword(s) | financing, water supply, sanitation, IWRM, climate change adaptation, wastewater services, transboundary waters |
| Subject(s) | DRINKING WATER , DRINKING WATER AND SANITATION : COMMON PROCESSES OF PURIFICATION AND TREATMENT , FINANCE-ECONOMY , HYDRAULICS - HYDROLOGY , METHTODOLOGY - STATISTICS - DECISION AID , NATURAL MEDIUM , POLICY-WATER POLICY AND WATER MANAGEMENT , PREVENTION AND NUISANCES POLLUTION , RISKS AND CLIMATOLOGY , SANITATION -STRICT PURIFICATION PROCESSES |
| Relation | http://www.emwis.net/documents/fol195274/sdc006891 |
| Geographical coverage | n/a |
