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Economic and financial aspects of the sanitation challenge: A practitioner approach

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  • Perard, Edouard

Abstract

This paper examines some economic and financial aspects of the sanitation challenge. It first reviews studies on the economic benefits of sanitation and compares it with an analysis of the average economic rate of returns of financed sanitation projects. It then discusses why sanitation projects are usually not financially viable and the importance of financial sustainability. The paper concludes that the real financial challenge of universal access to basic sanitation resides more in the lack of financial sustainability at the sector level than in the total investment required to reach the target.

Suggested Citation

  • Perard, Edouard, 2018. "Economic and financial aspects of the sanitation challenge: A practitioner approach," Utilities Policy, Elsevier, vol. 52(C), pages 22-26.
    • Handle: RePEc:eee:juipol:v:52:y:2018:i:c:p:22-26
    DOI: 10.1016/j.jup.2018.03.007
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    References listed on IDEAS

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    1. Cairncross, Sandy, 2018. "The public health benefits of urban sanitation in low and middle income countries," Utilities Policy, Elsevier, vol. 51(C), pages 82-88.
    2. Undp, 2006. "HDR 2006 - Beyond scarcity: Power, poverty and the global water crisis," Human Development Report (1990 to present), Human Development Report Office (HDRO), United Nations Development Programme (UNDP), number hdr2006, September.
    3. Whittington, Dale & Hanemann, W. Michael, 2006. "The Economic Costs and Benefits of Investments in Municipal Water and Sanitation Infrastructure: A Global Perspective," CUDARE Working Papers 7159, University of California, Berkeley, Department of Agricultural and Resource Economics.
    4. Whittington, Dale & Hanemann, W. Michael, 2006. "The economic costs and benefits of investments in municipal water and sanitation infrastructure: a global perspective," CUDARE Working Paper Series 1027, University of California at Berkeley, Department of Agricultural and Resource Economics and Policy.
    5. World Bank, 2010. "Cost-Benefit Analysis in World Bank Projects," World Bank Publications - Reports 10481, The World Bank Group.
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    Cited by:

    1. Quinn, Martin & Feeney, Orla, 2022. "Domestic Waste Management in Ireland - the Journey Towards Financialization," QBS Working Paper Series 271266, Queen's University Belfast, Queen's Business School.
    2. Margarida Fidélis Santos & Carolina Pires Castro & Rita Ventura Matos & Liliana Alves & José Saldanha Matos, 2023. "Dry Sanitation Technologies: Developing a Simplified Multi-Criteria Decision Analysis Tool," Sustainability, MDPI, vol. 15(19), pages 1-21, September.
    3. Kherbache, Nabil & Oukaci, Kamal, 2020. "Assessment of capital expenditure in achieving sanitation-related MDG targets and the uncertainties of the SDG targets in Algeria," World Development Perspectives, Elsevier, vol. 19(C).

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    More about this item

    Keywords

    Sanitation; Universal access; Finance; Willingness-to-pay; Innovation;
    All these keywords.

    JEL classification:

    • G2 - Financial Economics - - Financial Institutions and Services
    • H20 - Public Economics - - Taxation, Subsidies, and Revenue - - - General
    • H4 - Public Economics - - Publicly Provided Goods
    • I18 - Health, Education, and Welfare - - Health - - - Government Policy; Regulation; Public Health
    • Q53 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Air Pollution; Water Pollution; Noise; Hazardous Waste; Solid Waste; Recycling

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