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World Bank Sponsors ‘Water Resources Group’ aiming to Privatize Water Services in Less Developed Countries

Chris Buchanan, DW4L, December 8, 2011

In 2007, the World Economic Forum Water Initiative was created to “raise awareness among governments, businesses, and the expert community about the challenge of managing future water needs, and on piloting public-private-expert platforms for reform.” http://www3.weforum.org/docs/IP/MM/Water_Resources_Group_Phase2_4pager.pdf

Out of this initiative came the 2030 Water Resources Group. Formed in 2008, the WRG was sponsored by the International Finance Corporation, a part of the World Bank Group, which “provides investments and advisory services to […]

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