IFC’s Blue Loan to Sanasa Will Help Improve Access to Water and Sanitation in Brazil
Summary
The blue loan is provided under IFCs Improving access to water and sanitation is critical to achieving Brazils inclusion goals and promoting sustainable development. The program is providing the sanitation infrastructure that will support the socioeconomic development of the municipality and includes the construction of 20 water reservoirs and new investments in sewage services. With enhanced operations which includes extra storage capacity and supply flexibility, the project will also help reclaim water and reduce the demand-supply gap in the Piracicaba, Capivari, and Jundiai River (PCJ) basin, improving climate adaptation in the region. The program is providing the sanitation infrastructure that will support the socioeconomic development of the municipality and includes the construction of 20 water reservoirs and new investments in sewage services. With enhanced operations which includes extra storage capacity and supply flexibility, the project will also help reclaim water and reduce the demand-supply gap in the Piracicaba, Capivari, and Jundiai River (PCJ) basin, improving climate adaptation in the region.This long-term local currency loan is IFCs third financing under the U4C initiative in Brazil, following IFCs debt investments in Companhia Riograndense de Saneamento (Corsan) in 2021 and Companhia de Saneamento B\xe1sico do Estado de S\xe3o Paulo (Sabesp) in 2022.IFCa member of the World Bank Groupis the largest global development institution focused on the private sector in emerging markets.