What does WaterAid think about the financing of the water and sanitation sector?
To reach the Millennium Development Goals (MDGs) of halving the proportion of people without access to safe water or sanitation by 2015 some £16.25 billion needs to be spent annually. However only £7.6 billion is currently spent annually which is why WaterAid is lobbying to double financing from all sources. Correcting the present under-investment in the sector cannot be justified unless the financial waste which goes on is also eliminated. Therefore WaterAid not only lobbies for more aid but also for improvements in how and where it is spent. Read our full position statement on financing the sector.