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Water, Sanitation and Hygiene Podcast Announces next 12 episodesBy Catarina de Albuquerque, CEO of the UNICEF-hosted Sanitation and Water for All global partnership and first UN Special Rapporteur on the human rights to safe drinking water and sanitationNAIROBI, Kenya, 26 October 2023 -/African Media Agency/- To achieve clean water and sanitation for all by the year 2030, Africa will need to nearly and mobilize an additional $30 billion annually.
First, we need to start with political prioritization. Who increases or decreases budgets? Who decides on ambitious goals to increase access to water and sanitation? These are political decisions, and I believe that when political will is mobilized to prioritize water and sanitation, the financing follows.. These initiatives include increased budget allocations, innovative sources of financing, and plans to construct new infrastructure.
For example, government officials might think they are making water and sanitation more affordable for poorer households by instituting low tariffs for all customers. However, this often creates a lack of revenue to cover the basic operational costs of water companies, which then need additional financial support from the government to survive. It can also unintentionally subsidize wealthier households and businesses who can afford to pay more.
The foundation of a healthy investment climate also demands stronger sector regulation: well-documented standards with targets for performance, clear lines of accountability, incentives and penalties. For example, Kenya has teamed up with the World Bank to evaluate the creditworthiness of their water utilities to attract domestic and international finance.
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