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News / #water efficiency
Improved water pricing can crowd much-needed investments into the water cycle and facilitate transfers from advanced to developing economies, the bank’s economists told Eco-Business.
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Indonesia’s new capital Nusantara and the Malaysian states of Perak and Pahang were raised as examples by industry leaders. Thai and Indoneisan policymakers also said that current tariff structures are being reconsidered to cope with rising water demand.
As concerns over the environmental impacts of data centres grow, firms including Equinix, AirTrunk and ST Telemedia have backed a new regional initiative aimed at advancing sustainability across the sector.
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World Bank set to approve proposed $270 million water and sanitation projects in the Philippines
The loan is focused on investment in top tourist draws like Bohol and Siargao Island, which also suffer from strained water supply, according to the bank’s project brief.
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