Africa-Press – Gabon. The virtual meeting was hosted by Sanitation and Water for All (SWA), UNICEF, and the African Ministers’ Council on Water (AMCOW). It gathered over 50 finance and sector ministers and development partners.
Funding needs to be at least three times higher in Africa to meet the UN Sustainable Development Goal targets. However, this is far less than the $170 billion – nearly 5% of GDP – lost by sub-Saharan African each year due to inadequate water resources, contaminated water and poor sanitation.
By mid-century, the economic toll from water-related climate impacts on African nations could reach $50 billion annually. Every dollar invested in climate-resilient water and sanitation in Africa yields a return of at least $7.
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