Thursday, 12 September 2024 11:46

ADB approves $100 million loan to support Sri Lanka’s water supply and sanitation Featured

The Asian Development Bank (ADB) has approved a $100 million policy-based loan to support Sri Lanka’s water supply and sanitation sector reforms to enhance the country’s resilience to climate change impacts and promote long-term sustainability.

The Water Supply and Sanitation Reform Program, composed of two subprograms of $100 million each, will contribute to a more resilient and sustainable delivery of water supply and sanitation services.

Subprogram 1 will establish policies and strategies nationally and for the National Water Supply and Drainage Board (NWSDB) while the subprogram 2 will support the implementation of reform actions and guidelines.

“Efficient delivery of safe and reliable water supply in Sri Lanka is limited by fragmented water resources management and exacerbated by climate change. This significantly affects the daily life of Sri Lankans—many of whom do not have access to piped water supply,” said Senior Urban Development Specialist Pedro Almeida.

 

World News

Latest World News

There are 35831 listings and 1274 categories in our website