Latin American and Caribbean countries are committed to universal access to clean water and sanitation.
However, they still face major challenges: 200 million people do not have access to a drinking water network; almost 500 million are not connected to a sanitation network; and only 30% of wastewater is treated. Furthermore, in many cases these services do not reach the required levels of quality, safety, and efficiency.
Challenges and Opportunities
To close the coverage gap, current investments will need to be doubled, which requires greater participation of the private sector. The economic and social impacts of water and sanitation improvements are well known, since the most vulnerable and lower income segments, especially women and girls, suffer most from the lack of these services.
While global demand for water increases, changes in rainfall patterns and droughts affect aquifers and test the stability of supply while storms and hurricanes can affect physical infrastructure. Latin America and the Caribbean need comprehensive solutions that take adaptation to climate change into account.
Our Strategy
We offer innovative financial solutions for the development and operation of sustainable W&S infrastructure projects, promoting greater coverage, quality, and efficiency of services.
IDB Group is the sector leader in Latin America and the Caribbean, with annual disbursements of more than US$ 1 billion. We also mobilize private capital, offer mixed financing, and provide technical assistance to improve efficiency in the provision of services as well as on climate change, corporate governance, and gender equality.
Latest projects
Brazil
Brazil
Brazil
Brazil
Mexico
Brazil
Mexico
Brazil
Chile
Bahamas
Publicaciones
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June 2021Factsheet: Accelerating Blue Bonds Issuances in Latin America and the Caribbean
Alessandro Maffioli is Head of the Development Effectiveness Division of BID Invest. During his 12 years of experience in the IDB Group, Alessandro has coordinated several impact evaluation projects for agricultural development, technology and innovation, small and medium enterprises, and access to credit. Previously, he worked for five years at the Center for Latin American Studies and Transition Economies of the University of Bocconi, where he specialized in economy of innovation and regional economy. Alessandro holds a PhD in Production and Development Economics from the University of Insubria, in Italy.
Contact: alessandrom@idbinvest.org