New e-Learning course on Water Utility Creditworthiness!June 14, 2023
Despite the efforts made by the governments and development communities over decades, achieving the United Nations' Sustainable Development Goal (SDG) 6.1 and 6.2— on safe drinking water and sanitation—by 2030 is proving to be challenging. According to a UN report in 2020, 2.2 billion people lack access to safely managed drinking water and 3.6 billion people lack safely managed sanitation. It is a grim picture, especially considering the sector's importance in recovering from COVID-19 and preparing against the next pandemic.
As part of a renewed effort to scale up financing for water, the World Bank’s water team is doubling down on the mobilizing finance for development (MFD) agenda, to advance sustainable private sector investments and solutions. The new strategy recognizes that working on the demand side of financing is a critical imperative because the lack of creditworthy water service providers is one of major barriers for MFD in the sector. This Course on water creditworthiness is designed to help them tackle this issue head on. It discusses various aspects of the utility business, such as governance, financial and operational management, planning and budgeting, guiding the participants on how each of these aspects can, and should, be improved to enhance utility creditworthiness
This new online course, aimed at those working in the Water Supply and Sanitation Sector, helps to improve and enhance the understanding of water utility financing. It draws attention to the fundamental actions that water utilities and governments need to take to enhance creditworthiness.
This prospectus explains the rationale for the course, its objectives, target audiences, design and delivery options. The course structure and final exam are also discussed. Contacts are also provided.