News (10)

Learning from the past: Public finance and democratic control are key to achieving the SDGs

The question of how to finance water and sanitation is crucial. Leading international institutions emphasise the role of private finance despite major concerns. The idea that private finance can bring the needed investment is remarkably persistent in global policy circles and leads to a dangerous lack of attention to the far more realistic option of mobilising public finance for infrastructure to provide essential services for all.

Source: Transnational Institute

Resisting water privatisation under austerity

Despite explicit opposition from hundreds of thousands of European citizens, the sovereign debt crisis has given new momentum to the privatisation of water services in many European countries. In Spain, Portugal, Greece and Italy, the countries hardest hit by the crisis, water privatisation has come back onto the agenda.

Source: Transnational Institute

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