Author :
Release : 2010
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Kind : eBook
Book Rating : 454/5 ( reviews)
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Book Synopsis The European Investment Bank in the Water Sector by :
Download or read book The European Investment Bank in the Water Sector written by . This book was released on 2010. Available in PDF, EPUB and Kindle. Book excerpt: The EIB has been the largest source of loan finance to the global water sector to date, compared with other international financial institutions. In the five-year period 2005 to 2009, EIB direct lending for water-related projects, excluding hydropower and irrigation, was almost EUR 15bn for a total of 126 major water supply and sanitation projects. Of this, 90% was in the EU-27, making the EIB the biggest lender to the water sector within the EU. The Bank has significantly increased its support for the sector from an average of EUR 1.6bn annually in the ten-year period 1996 to 2005 to EUR 2.9bn on average for the past five years.