The Philippine Water Revolving Fund (PWRF) was set up in 2008 to provide loans to water service providers to finance local water and wastewater projects. Loan repayments made into the fund are revolved to finance other projects.
Performance contracting provides a more effective means of incentivizing contractors to reduce non-revenue water (NRW) than traditional public sector, input-based, contracting can achieve.
The Philippine Water Revolving Fund (PWRF) was an innovative lending program that leveraged public funds with private financing for water and sanitation projects.
Water security is a major input to achieving economic growth in the rapidly growing Philippines. While nationally there is an abundance of resources, water scarcity is increasingly felt at the local level.
Tagbilaran, a city in the Philippines’ central region, is considered a gateway to popular tourist destinations with great potential to become an engine of inclusive economic growth.