The United States Government (USG) and the World Bank signed a Memorandum of Understanding (MOU) on World Water Day, March 22, with the goal of creating a more water secure future for the world. The USG is the world’s largest donor of official development assistance and is recognized world-wide for its science and technical expertise, and the World Bank is one of the world’s most important sources of financial, scientific and technical assistance for developing countries. This agreement leverages the considerable expertise and assets of the two partners to help developing countries achieve water security and improve water quality. The partners will convene an annual high-level review of programs under the MOU to monitor and advance progress.
Potential activities supported under this MOU include (but are not limited to):
Benefits to the U.S. Government and World Bank:
Benefits to the global community: