The World Bank is the largest external source of financing for water projects, which totaled US$7.5 billion in FY11, comprising 53% for water supply and sanitation, 12.5% for irrigation and drainage, 23.5% for hydropower, and 9.9%for flood protection. The Water practice includes World Bank operations, the Water unit, the Water and Sanitation Program, the Water Partnership Program, the Cooperation in International Waters in Africa, and the Southern Africa Water Initiative.
For years, residents living in China’s Hai Basin suffered from water shortage and pollution. This project promoted an integrated approach to water resource management and contributed to restoration and protection of the environment, ecosystem, and biodiversity. Read More »