“By supporting the WFPF, our development partners directly help improve the lives of millions of people and make a significant contribution to achieving the Millennium Development Goals,” said Karen Decker, ADB’s Senior Financing Partnerships Specialist. “The WFPF strengthens partnerships in the water sector among governments, donors, civil society, and the private sector at the project and country levels.”
ADB approved the establishment of the WFPF in December 2006 to mobilize additional resources from development partners for the Water Financing Program. Resources from partners under the WFPF are provided through project-specific loans, grants or guarantees under framework agreements negotiated with each financing partner, pooled grants through the Facility’s trust fund component, and other forms of assistance.
To date, WFPF actual and intended commitments include $19.8 million from The Netherlands, about $32 million equivalent from Australia, about $5.5 million equivalent from Norway, and $5 million from Austria.