30 July - 5 August 2012 - orsam

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The bank‘s clear mandate to start its operations is to work with the private sector, she observed. ―However, in exceptional cases we will finance projects in the public sector.‖ The bank will have a strong focus on small and medium enterprises including agribusiness, manufacturing and services, ICT and infrastructure companies that have private investors. ―The EBRD will provide credit lines through local banks so that funding can flow down to smaller SMEs that the bank could not finance directly,‖ she explained. ―We would like to reach out to a large number of SMEs through the banks, where they can get funding through the SME credit line we have developed very successfully in the past,‖ she added. The water sector belongs to the ―municipal infrastructure‖ sector, which encompasses projects the bank undertakes with municipalities or utilities and means financing without state guarantees, Gacek said. ―Water and wastewater are very classical projects we are financing in this area, particularly in Jordan and Egypt although also in Morocco and Tunisia. ―One of the key challenges these governments have is that there is a lot of loss of water as there is a lot of waste. A lot of investment is needed simply to save water because it is such a scarce resource.‖ The governments of all four countries have indicated that they may need considerable investment in the sector in the future, but that their immediate priority is to reduce water losses and wastage. ―There are immediate savings, not just in money terms but more importantly to ensure sources of water are as well managed as possible,‖ she adds. ―This has a net impact on government budgets and on people‘s budgets.‖ The first key milestone for the bank will be to become fully operational, setting up its offices in the new region. ―We are a real little bank in the field, so we need bankers,‖ Gacek said. Most will be local, and will be trained. Page 5
―You have to be very close to the water authorities to understand issues such as tariffs, and particularly with the water sector you cannot deal with it on an isolated basis -- you have to develop clear relationships,‖ she said. These relationships would encompass governments, business, civil society representatives, sister financial institutions, and even the diplomatic corps, which Gacek described as ―a very good source of information when trying to attract investors.‖ ―We have to make our name known so that people are aware we can partner with them and share the risk,‖ she added. ―EBRD Expansion Tied to Arab Spring‖, 01/08/<strong>2012</strong>, online at: http://www.ooskanews.com/daily-water-briefing/ebrdexpansion-tied-arab-spring_23657 BACK TO TOP Page 6
Page 2 and 3: Issue 87 ORSAM WATER BULLETIN 30 Ju
Page 4 and 5: 33% decrease in Garmian wheat produ
Page 8 and 9: Iranian Government Concerned About
Page 10 and 11: equired amount of water for irrigat
Page 12 and 13: Arab Spring Must Also Weather Envir
Page 14 and 15: Agriculture — Promoting organic f
Page 16 and 17: Israel Approves New Water Quality S
Page 18 and 19: 90% of Gaza water "unsafe for drink
Page 20 and 21: PK: The special committee has not b
Page 22 and 23: Using water as a weapon in the West
Page 24 and 25: Water Crisis in the West Bank and G
Page 26 and 27: Palestinians struggle for access to
Page 28 and 29: Israel: A superpower of sustainabil
Page 30 and 31: Since 1958, MASHAV (Israel‘s agen
Page 32 and 33: ―There are many added values, and
Page 34 and 35: Security forces to protect water re
Page 36 and 37: Settlers yearn for ‘environment w
Page 38 and 39: the more numerous organizational an
Page 40 and 41: are integrated into building design
Page 42 and 43: One of these is Frankfurt, which ha
Page 44 and 45: low interest financing and for expl
Page 46 and 47: The United Nations office for the C
Page 48 and 49: Solving the Water Crisis in Palesti
Page 50 and 51: Palestine must solve water crisis,
Page 52 and 53: Egypt PM Creates New Utility, Drink
Page 54 and 55: Nile Basin Countries Concerned by I
Page 56 and 57:
Eritrean Government Spends $7 Milli
Page 58 and 59:
completely by 9:00 a.m. Services fr
Page 60 and 61:
Too little is known about summer we
Page 62 and 63:
More sophisticated farmers are gett
Page 64 and 65:
In the first two spells of monsoon,
Page 66 and 67:
The ―Water Resources in South Asi
Page 68 and 69:
In the report Fog Collection by Mim
Page 70 and 71:
News Analysis: Monsoons, vortexes c
Page 72 and 73:
China‘s new drinking water qualit
Page 74 and 75:
Bolivia’s Water for Life Law Will
Page 76 and 77:
Ugandan Parliament Members Vow to B
Page 78 and 79:
South African Water Firm Investigat
Page 80 and 81:
Shongwe noted that the majority of
Page 82 and 83:
educe human bias". The Best team co
Page 84 and 85:
Ecological Footprint and Sustainabi
Page 86 and 87:
These findings make it clear that t
Page 88 and 89:
ASEAN Nations Discuss Strategic Wat
Page 90 and 91:
Low Water Levels Reduces Kyrgyzstan
Page 92 and 93:
Turkmenistan Plans to Revive Aral S
Page 94 and 95:
―Our new water recovery system is
Page 96 and 97:
When the western Pacific is especia
Page 98 and 99:
experienced before,‖ Hoerling sai
Page 100 and 101:
Russia’s Orenburg Region Plans Re
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30 July - 5 August 2012 - orsam

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