World’s largest climate fund makes it’s biggest water investmentThe largest global climate fund on the planet has taken a significant step f...
Published by Water Network Research, Official research team of The Water Network
World’s largest climate fund makes it’s biggest water investment
The largest global climate fund on the planet has taken a significant step forward by investing $235 million in a funding facility that will support water reuse in South Africa. This program, with a value of nearly $1.5 billion aims to bring about a transformation in the water sector by moving away from public investment models and embracing private investment instead. This pioneering initiative seeks to tackle the pressing issues of water scarcity and vulnerability to climate change in a country that is considered one of the most at risk.
The largest global climate fund on the planet has taken a significant step forward by investing $235 million in a funding facility that will support water reuse in South Africa. This program, with a value of nearly $1.5 billion aims to bring about a transformation in the water sector by moving away from public investment models and embracing private investment instead. This pioneering initiative seeks to tackle the pressing issues of water scarcity and vulnerability to climate change in a country that is considered one of the most at risk.
Tags
- Financing