Resumen:
Water is an essential part of supporting
sustainable economic growth within a more equitable and
inclusive society. Possessing about 14 percent of the
world's water, Brazil is rich in water resources, but
70 percent is in the Amazon River and only 1.6 percent in
the State of Sao Paulo, where 25 percent of the population
resides and 33 percent of the country's gross domestic
product (GDP) is generated. The Bank has recently approved
the innovative Sao Paulo Water Recovery Project (REAGUA)
which adopts output-based financing to tackle water
scarcity. This is the first Bank-financed project in the
water supply and sanitation (WSS) sector to implement
comprehensive results based scheme. Its objective is to
increase clean water availability in São Paulo but its
lessons could be applied worldwide.