Africa Water, Sanitation & Hygiene Africa Water & Sanitation & Hygiene May -June 2017 | Page 31

Sanitation Source: World Bank Toward water and sanitation for all: Featuring Matt Damon, co-founder of Water.org sanitation was one of the most off-track Millennium Development Goals (MDG) globally. Only 68% of the world’s population has access to improved sanitation, but 70% of the Sub-Saharan Africa population and 53% of South Asia still lack access. The world missed the MDG target for sanitation by almost 700 million people. Sanitation lies at the root of many other development challenges, as poor sanitation impacts public health, education, and the environment. Almost 1,000 children under five die each day from diarrhea caused by inadequate water, sanitation and hygiene. Without sanitation girls are more likely to drop out of school or are vulnerable to attacks while seeking privacy. Recent analysis shows that ending open defecation can save children’s lives by reducing disease transmission, stunting, and under- nutrition, which are important for childhood cognitive development and future economic productivity. Lack of sanitation also holds back economic growth. Poor sanitation billions to some countries, amounting to the equivalent of 6.3% of GDP in Bangladesh, 6.4% of GDP in India, 7.2% of GDP in Cambodia, 2.4% of GDP in Niger, and 3.9% of GDP in Pakistan annually. The economic losses are mainly driven by premature deaths, the cost of health care treatment, lost time and productivity seeking treatment, and finding access to sanitation facilities. Pollution resulting from improper disposal and treatment of wastewater and domestic fecal sludge also affects both water resources and ecosystems. At the same time, fecal sludge and wastewater can provide valuable resources (water, nutrients, and energy) and economic opportunities, especially in urban areas and in water-scarce environments. By Brittany Scalise Matt Damon urges ministers to move aggressively toward water and sanitation for all. On April 20th, Matt Damon, co-founder of Water.org, addressed ministers of finance, water, and sanitation from across the world at the Sanitation and Water for All (SWA) Finance Ministers’ High Level Meeting at the 2017 World Bank-IMF Spring Meetings. The meeting focused on finding ways to fill the enormous financing gap via innovative financial solutions. Mr. Damon urged ministers to consider the full breadth of financing options to achieve the goal of providing safe, affordable, and sustainable water and sanitation for all. “While there are multiple approaches to solving the challenge of universal access, mobilizing capital is the most pressing and powerful solution,” Mr. Damon said. The solution lies in leveraging both top-down and bottom- up financing, through the intersection of household level micro-financing and macro level financing, he suggested. Damon also introduced WaterCredit, a successful innovation by Water.org, and outlined how this has worked to reach over five million people to date. “WaterCredit has enabled households living at the base of the economic pyramid to take out 1.2 million small loans for a toilet or tap.” he said. “The loans have almost no defaults, with a global repayment rate of 99%.” Damon encouraged the ministers to consider how access to water and sanitation can be income enabling, and recommended that access to safe water can prevent poor people from getting hit by high healthcare costs due to the consumption of unsafe water. In his closing remarks, Damon proposed that this issue cannot be tackled alone. “We need our partners, the other civil society organizations, your ministries, and private finance to join together to increase efficiency in operations, set appropriate tariffs, and make finance affordable and accessible to those living at the base of the economic pyramid,” he said. Together we can solve the water and sanitation crisis by 2030. Africa Water, Sanitation & Hygiene • May - June 2017 31