{"id":996,"date":"2021-11-29T19:47:08","date_gmt":"2021-11-29T19:47:08","guid":{"rendered":"https:\/\/www.africa-press.net\/sierra-leone\/all-news\/african-development-bank-board-approves-new-water-strategy-for-2021-2025"},"modified":"2021-11-29T20:19:27","modified_gmt":"2021-11-29T20:19:27","slug":"african-development-bank-board-approves-new-water-strategy-for-2021-2025","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/sierra-leone\/all-news\/african-development-bank-board-approves-new-water-strategy-for-2021-2025","title":{"rendered":"African Development Bank Board approves new Water Strategy for 2021-2025"},"content":{"rendered":"

Africa-Press – Sierra-Leone. <\/strong><\/span>Siera Leone Telegraph: 29 November 2021: The Board of Directors of the African Development Bank last Thursday, 25th November 2021, approved a new Water Strategy for 2021-2025: \u201cTowards a Water-Secure Africa.\u201d<\/p>\n

The five-year strategy, approved on 17 November 2021, aims to increase water security in Africa, and to foster its sustainable, green and inclusive socio-economic growth and development.<\/p>\n

\u201cThis is a significant milestone for the Bank in terms of seeing water development and sanitation as key components toward improving the quality of life for the people of Africa,\u201d said Dr. Beth Dunford, the Bank\u2019s Vice President for Agriculture, Human and Social Development.<\/p>\n

She said the strategy would help the African Development Bank Group expand its role as the continent\u2019s partner, while promoting integrated development and management of Africa\u2019s water sector. The strategy will guide the Bank\u2019s implementation of its Policy on Water, which it approved earlier this year (https:\/\/bit.ly\/3nS7RC8)<\/p>\n

The Water Strategy\u2019s four pillars underscore the importance of water and sanitation for socio-economic development; sustainability, resilience, and inclusivity; food production and nutrition; and hydropower.<\/p>\n

The Strategy aligns with the Bank\u2019s High 5s, and thus contributes also to the achievement of the Sustainable Development Goals and the African Union\u2019s Agenda 2063.<\/p>\n

\u201cWater is a key enabler for many of the United Nations Sustainable Development Goals, and the Bank considers water to be essential for life, health, dignity, empowerment, environmental sustainability, peace and prosperity,\u201d said Osward Chanda, the Bank\u2019s Director for Water Development and Sanitation.<\/p>\n

More than 100 Bank stakeholders provided inputs to develop the Strategy, which the Bank\u2019s Board lauded as exemplary. Since 2010, the African Development Bank has invested an estimated $6.2 billion in water supply and sanitation services. At the end of October 2021, the Bank\u2019s active water sector portfolio stood at $5.02 billion, comprising 104 projects implemented in 40 countries, and five multinational projects.<\/p>\n

For More News And Analysis About Sierra-Leone<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Sierra-Leone. Siera Leone Telegraph: 29 November 2021: The Board of Directors of the African Development Bank last Thursday, 25th November 2021, approved a new Water Strategy for 2021-2025: \u201cTowards a Water-Secure Africa.\u201d The five-year strategy, approved on 17 November 2021, aims to increase water security in Africa, and to foster its sustainable, green […]<\/p>\n","protected":false},"author":84,"featured_media":995,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,7,8],"tags":[291,293,358,292,359],"class_list":["post-996","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-head-lines","category-homepage-english","tag-africa-press","tag-africa-press-sierra-leone","tag-development-bank-board","tag-sierra-leone","tag-water-strategy"],"yoast_head":"\nAfrican Development Bank Board approves new Water Strategy for 2021-2025 - 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