ADB sets up fund to help Asian nations face
U.S. Water News Online
MANILA, Philippines -- The Asian Development Bank set up a
fund to help Asian nations deal with a ``looming water crisis'' with
a $4 million contribution from the Netherlands, the bank said.
The Cooperative Fund for the Water Sector is to promote water
management policies and practices at the regional, subregional and
country levels, the bank said in a statement.
``Asia faces unprecedented water shortages and pollution unless
countries take strong and concerted action,'' it quoted Wouter
Lincklaen, the ADB's water resource specialist, as saying.
Linklaen said one in three Asians lacks easy access to safe
drinking water ``and thi
s situation is getting worse.''
The bank said water resources in the region are in a ``critical
state'' with freshwater endowment in Asia among the lowest in the
world. It said 30 percent of Asians do not have a safe drinking water
resource within 200 yards of their homes.
``This scarcity affects the lives of 700 million people in rural
areas and more than 90 million in the cities,'' it said.
The water fund will be used to implement the bank's water policy
and help countries design and implement integrated approaches to
water resource development and management through close cooperation
with governments, other international organizations, the private
sector, research institutes, and non-government organizations.
The $4 million Dutch contribution was the first to the multi-donor
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