Financing water supply and sanitation investments : Utilizing risk mitigation instruments to bridge the financing gap

The small share of private participation in the water supply and sanitation (WSS) sector and the extremely low level of risk mitigation instruments underscore (a) the specific nature of the risks affecting the sector; (b) the lack of adequate project preparation (and thus of bankable projects); (c)...

وصف كامل

محفوظ في:
التفاصيل البيبلوغرافية
المؤلف الرئيسي: Baietti, Aldo
التنسيق: كتاب
اللغة:Undetermined
منشور في: Washington DC World Bank 2005
الموضوعات:
الوسوم: إضافة وسم
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Thư viện lưu trữ: Trung tâm Học liệu Trường Đại học Cần Thơ
الوصف
الملخص:The small share of private participation in the water supply and sanitation (WSS) sector and the extremely low level of risk mitigation instruments underscore (a) the specific nature of the risks affecting the sector; (b) the lack of adequate project preparation (and thus of bankable projects); (c) the difficult access of water investments to financial markets; and (d) the constraints and limitations among the various risk mitigation instruments, which render them inadequate to respond in a significant way to the challenges of the water sector. Given these serious impediments, it is no surprise that despite the urgent need for risk alleviation, the effective demand for risk mitigation products has been lacking. This paper focuses on ways to better connect water sector investments with financial markets and to adapt risk mitigation instruments correspondingly.