Water, Sanitation and Hygiene Finance

Speeches Shim

The Government of Kenya has set an ambitious target of universal access to water, sanitation, and hygiene services (WASH) by 2030. To achieve this, there needs to be greater financial resources, estimated at USD $12.9 billion dollars, to expand and improve WASH services. However, the current available government budget for WASH is USD $5.6 billion, leaving a USD $7 billion gap. 

Water, Sanitation, and Hygiene Finance (WASH-FIN) is helping to close the financing gap through sustainable and creditworthy business models, increased public funding, and expanded market finance for infrastructure investment. WASH-FIN supports Water Service Providers (WSPs) and private sanitation service providers to access capital for sustainable, climate resilient water and sanitation infrastructure. By supporting market-based approaches and by partnering with the national and county governments, the activity supports Kenya on its journey to self-reliance.

Due to the emergence of the COVID-19 pandemic in 2020, WASH-FIN worked with key partners to leverage the financing required by WSPs for COVID-19 recovery support, helping to maintain minimum levels of service and liquidity, and to enhance internal WSP revenue collection and management. 

Issuing Country 
Date 
Wednesday, March 3, 2021 - 10:00am

Last updated: March 03, 2021