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The Green Climate Fund (GCF) approved US$ 235 funding for the Water Reuse Programme (WRP) in South Africa. The decision was taken at the 36th Board of Directors meeting held in Songdo, South Korea.
The Green Climate Fund (GCF) approved US$ 235 funding for the Water Reuse Programme (WRP) in South Africa. The decision was taken at the 36th Board of Directors meeting held in Songdo, South Korea.
This programme will facilitate the preparation, implementation and extension of treated wastewater reuse projects in the country’s municipalities. This will be achieved through the provision of acceptable financing in line with ESG (environmental, social and governance) impact monitoring in municipalities most vulnerable to drought, such as Nelson Mandela Bay in the Eastern Cape. Between 22% and 32% of South Africans still use water from unprotected sources.
The programme will be implemented in two components. A treated wastewater reuse unit will be set up to support the preparation, financing and construction of wastewater treatment plants in several municipalities in South Africa, powered by renewable energies to avoid fossil fuel emissions. As part of the WRP, a national and regional public awareness and education campaign will be conducted to ensure the successful scaling up and implementation of water reuse projects in South Africa. The second component of the programme will focus on developing an alternative financing solution to support the large-scale roll-out of wastewater reuse projects.
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As the WRP matures, the programme bonds will define the asset class with the aim of achieving greater development impact, particularly on UN Sustainable Development Goals (SDGs) 6 and 14, which relate to clean and safe water and sanitation, sustainable oceans and private sector involvement in development efforts. The initiative will directly benefit more than 3.4 million people in South Africa.
