Published on: 05/09/2013
The Gates Foundation will invest US$ 15 million into the new Sanitation Financing Partnership Trust Fund, which will leverage more than US$ 28 million in investments from ADB by 2017.
The Trust Fund will pilot innovations in sanitation and septage management, provide grant funds for innovations in ADB’s sanitation projects, and support policies on septage management and sludge treatment for low-income urban communities who lack access to piped networks or safe wastewater disposal systems.
The Trust Fund will be part of ADB’s Water Financing Partnership Facility (WFPF), which has invested US$ 2.5 billion (out of a total of US$ 8.8 billion) in water supply, sanitation, and wastewater management projects since 2006.
So far the Gates Foundation has funded 85 sanitation research & development projects as part of their grant schemes such as the “Reinvent the Toilet Challenge” and “Grand Challenges Exploration“. An overview of these projects and background information is available on the SuSanA website.
The BRAC WASH II programme in Bangladesh, which is co-funded by the Gates Foundation, includes a component for innovative action research on sanitation and water supply.
Source: Asian Development Bank, 02 Sep 2013