Brazil's BNDES to finance water cisterns initiative
Brazilian development bank BNDES will provide financing worth 100mn reais (US$30.3mn) to install water cisterns next year in semiarid areas of the country.
The funds will be used to install 6,800 water cisterns in nine states in the northeast region, BNDES said in a press release.
The cisterns will help low-income families in rural areas that have been affected by drought or lack of water.
Since 2013, BNDES has provided 271mn reais in financing for 25,000 water cisterns.
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News in: Water & Waste (Brazil)
Paraná's Sanepar sets new auction date for US$1.1bn water service PPPs
Initially planned for May 21, now the auction will take place the next day, a spokesperson for the Brazilian company said.
Multilaterals pledge US$2.9bn for disaster-struck Rio Grande do Sul
Financing support for the devastated Brazilian state will come from the IDB, NDB and CAF.
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