“While the percent of population with access to improved facilities increased since 1990 in all regions, the number of people living without access has increased due to slow progress and population growth. In 2008, 2.6 billion people had still no access to improved sanitation facilities.” World Bank
Development banks play a large role in improving access to and optimal utilization of water. Through funding a number of projects and initiatives they are enabling people to escape the poverty trap created by lack of clean drinking water and energy. They come under a lot of criticism and receive a lot praise but their goal of lending money to states seeking to develop is a noble one. This series will detail what role banks play in improving water utilization.
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