G8 Evian Action Plan on Water

Sectors : Financial Institutions, markets, services and microfinance, Investment, Water and Sanitation
Organisation : G8
Date made: 
Heads of State
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Commitments in: Infrastructure - Water and Sanitation

“...2.3 Encourage international financial institutions (IFIs) to give the necessary priority to water;

2.4 Promote cost recovery with "output based aid" approaches to ensure access to services for those least able to afford them;

2.5 Promote public−private partnerships (PPPs), where appropriate and suitable, particularly by:
"inducing private−sector investments and encouraging use of local currency;
"facilitating international commercial investment and lending through use of risk guarantee schemes;
"encouraging the harmonisation of operational procedures;
"facilitating the issue of national and international tenders;

2.6 Apply, on a voluntary basis, tools for development assistance for water and sanitation projects that may include such financing mechanisms as: concessional financing consistent with international rules on financial aid, project financing, micro and meso−financing and debt for investment swaps;

2.7 Encourage financing of sound irrigation practices;

2.8 Improve co−operation and co−ordination between donors, seeking better synergy among our various initiatives...”