2030 Water Resources Group LAC (IFC-600870)

Countries
  • Peru
Where the impacts of the investment may be experienced.
Financial Institutions
  • International Finance Corporation (IFC)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Approved
Bank Risk Rating
U
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
Sep 14, 2015
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower
2030 WRG
The holder of the loan, grant, or other investment.
Sectors
  • Water and Sanitation
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Grant
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 2.57 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD)
$ 2.57 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Primary Source

Original disclosure @ IFC website

Updated in EWS Aug 16, 2017

Disclosed by Bank Jul 15, 2016


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Project Description
2030 WRG is a public-private-civil society partnership, established in 2008. The 2030 WRG represents the coming together of a consortium of corporates, IFC, the World Economic Forum, the UN, individual governments, and international agencies, to elevate water up the global agenda. The objective of 2030 WRG is to accelerate water reforms and generate action to ensure water does not become a barrier to economic growth, while ensuring long-term environmental and social sustainability. This group will map and recommend innovative financial mechanism that could be adopted by Peru, leveraging government funds with private capital, to deliver much needed priority water resources projects. Specific outputs could be new regulations approved by the Government of Peru (eg the Ministry of Finance) to permit a new investment mechanism.
Investment Description
  • International Finance Corporation (IFC)
Contact Information
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