FMO and NWP sign water projects finance MoU
Dutch development bank FMO and the Netherlands Water Partnership (NWP) have joined forces to help close the gap between international water projects and finance.
Their collaboration led, among others, to a market analysis of financing needs of the Dutch water sector and identification of various international opportunities for increased collaboration between FMO and Dutch water sector players in water projects abroad.
The total global investment requirement for water infrastructure until 2030 is estimated to be $7,500 billion until 2030. Only $6,300 billion is projected to be available, leaving a financing gap of $1,200 billion.
Various finance institutions with an ambition to finance water related projects and initiatives, seem to struggle to fill their pipeline. There is no lack of money, but a lack of bankable projects. Jointly FMO and NWP explored what the underlying factors are that contribute to that and how they can be overcome.
