Filter by Themen
Filter by Kategorien
Filter by Veranstaltungsschlagworte
FS Logoi

Danish government intends to establish new water investment company

Globally, over two billion people lack access to clean drinking water and more than twice as many have no access to basic sanitation. A new Danish company – Water Investment Development Company – will develop investable projects to mobilize private resources towards SDG6 in developing countries.

von | 06.11.18

The new water investment company aims to bridge the water finance gap in developing countries.

Access to clean drinking water and basic sanitation is a daily struggle for billions of people. Water has traditionally been a role for the public sector. But investment needs are huge, and the public sector can only fund a small share. Consequently, it is necessary to involve the private sector in developing as well as financing projects. A major constraint is lack of commercially bankable projects.
That is the reason why the Danish government through IFU (Investeringsfonden for Udviklingslande) intends to establish a company tasked with development of commercial water projects in developing countries with a planned Government allocation of DKK 50 million (USD 7.8 million) from the development budget. These projects would attract finance from private companies and investors, including the Danish SDG Equity Fund. Going forward, P4G is an important initiative in relation to the establishment of the company, and it is envisaged that P4G-partnerships can feed into the company’s project pipeline.
"Lack of access to clean water and sanitation has a very negative impact on the livelihood of people in developing countries, especially girls and women. The Danish government wants to address this issue, and I believe that the combination of private sector resources and IFU’s investor experience from developing countries can make a difference and a solid contribution to meet SDG6", said Ulla Tørnæs, Minister for Development Cooperation.
IFU, the Danish DFI, has more than 50 years of experience in investing in commercial projects with development impact in developing countries. In recent years, more focus has been on assisting private companies and investors in developing investable projects.
"To meet the UN global goals, we need the private sector. But one of the main obstacles is the lack of investable projects and effective business models. With this initiative, we hope to speed up processes, which can catalyze private investments in water at scale giving more people access to clean water", said Torben Huss, acting CEO, IFU.
Source: Ministry of Foreign Affairs of Denmark

Bildquelle, falls nicht im Bild oben angegeben:

Jetzt Newsletter abonnieren

Stoff für Ihr Wissen, jede Woche in Ihrem Postfach.

Hier anmelden

Abwasser-Zweckverband Südholstein wird 60 Jahre
Abwasser-Zweckverband Südholstein wird 60 Jahre

Der Abwasser-Zweckverband (AZV) Südholstein ist 60 Jahre alt geworden. Am 14. Juli 1965 gründete sich der Verband mit Feststellung seiner ersten Satzung. Damit machte er im Kreis Pinneberg und Umgebung den Weg frei für Umwelt- und Gewässerschutz sowie bessere Lebensbedingungen durch die zentrale Abwasserentsorgung.

mehr lesen
The role of nanoplastic in marine pollution is greater than assumed
The role of nanoplastic in marine pollution is greater than assumed

Nanoplastic particles are less than one micrometre in size, but by mass, their share in marine pollution is comparable to that of microplastic. This is the result of a study conducted by scientists from the Helmholtz Centre for Environmental Research (UFZ) and the Royal Netherlands Institute for Sea Research (NIOZ).

mehr lesen
Joint Danube Survey 5: Großes Donau-Untersuchungsprojekt startet
Joint Danube Survey 5: Großes Donau-Untersuchungsprojekt startet

Alle sechs Jahre führen Experten aus dem Donauraum eine gemeinsame Untersuchung der Donau namens „Joint Danube Survey“ durch. In diesem Jahr realisiert die Internationale Kommission zum Schutz der Donau (IKSD), Österreich, gemeinsam mit 13 weiteren Donauländern das weltweit größte Überwachungsprojekt an Oberflächengewässern mit 100 beteiligten Institutionen.

mehr lesen

Passende Firmen zum Thema:

Sie möchten die gwf Wasser + Abwasser testen

Bestellen Sie Ihr kostenloses Probeheft

Überzeugen Sie sich selbst: Gerne senden wir Ihnen die gwf Wasser + Abwasser kostenlos und unverbindlich zur Probe!

Finance Illustration 03