The European Investment Bank has agreed to support priority water investment across Barbados, to improve water supply across the country.
The USD 12 million loan to the Ministry of Finance will allow the Barbados Water Authority (BWA) to rehabilitate the island’s drinking water distribution network by improving efficiency, service quality, and resilience to mitigate the adverse effects of climate change. The investments will also lead to improvements to the deteriorated wastewater treatment facilities in the water-scarce country.
The USD 12m EIB loan will allow for the modernization of water supply and sewerage systems on the island, leading to substantial energy savings, reducing water losses in networks, and an improvement in wastewater treatment operations. The investment will focus on the rehabilitation of aged and deteriorated leaking infrastructure, pipes, and reservoirs. The new investment will better protect water supply in Barbados from climate change and more frequent extreme weather.
Original source: EIB
Published on 19 June 2020