10% Investments In Water Worldwide Is Lost To Corruption

The Water Integrity Network (WIN) has releases a new report that catalogs  the legacy of corruption in the water sector, and shows how corruption costly impact on the world’s water resources.

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The report also enumerated that level to which poor water governance negatively affects the world’s most vulnerable populations, specifically women, children, and the landless.

water-640x426.jpgIt has been recorded that every year, a whooping amounts between US$770 billion and $1,760 billion are needed to develop water resources and services worldwide, but the number of people without safe drinking water is about as large as those who lack access to basic sanitation: around 32 per cent of the world’s population in 2015.

However, the WIN report indicated that the situation so because, about 10 per cent of water sector investment is lost to the hot hands of corruption.

While access to water and sanitation were formally recognized as human rights by the UN General Assembly in 2010, the reality remains far from this goal.

World Health Organization and UNICEF, have both indicated that about 663 million people lack access to so-called “improved” drinking water sources globally, contributing to 1.6 million deaths yearly.

Although the UN’s new 2030 Agenda includes a Sustainable Development Goal (SDG 6) on water and sanitation as well as a mandate for accountable and inclusive institutions at all levels (SDG 16), action is needed so that pervasive and systemic corruption do not continue to leak resources from the water sector.

According to the report, in 2013, Malawi’s reformed public financial management system was misused to divert US$5 million in public funds to the private accounts of officials.

“In 2015, an audit of the €70 million phase II national water programme in Benin, which included €50 million from the Netherlands, revealed that €4 million had vanished. Dutch development cooperation with the Benin government was suspended thereafter to safeguard additional funds.

… This Water Integrity Global Outlook 2016, or WIGO, shares examples of both corruption and good practices at all levels worldwide. WIGO demonstrates how improved governance and anti-corruption measures can win back an estimated US$ 75 billion for global investment in water services and infrastructure annually. It therefore highlights and draws lessons from those examples of where governments, companies, and community groups have won gains for water consumers and environmental protection.”

Meanwhile, the WIN report called for teh construction of integrity walls from building blocks of transparency, accountability, participation and anti-corruption measures.

Frank van der Valk, the executive director of Water Integrity Network’s  said,  “Urgent action by all stakeholders is required” to save the situation.

Source: Newsghana.com.gh

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