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Different parts of the World Bank, including the International Bank for Reconstruction and Development (IBRD), the International Development Association (IDA), the International Finance Corporation (IFC), the Multilateral Investment Guarantee Agency (MIGA), and 2030 Water Resources Group (2030 WRG), a public-private collaboration platform, have committed themselves to scaling up finance for water-related investments in emerging and developing economies, focusing specifically on crowding additional private sector innovation, expertise, and capital into a sector that has been historically funded through public and concessional financing in most of the developing world.
The resulting strategic framework is presented in the Scaling Up Finance for Water publication which is the first concerted effort by the World Bank (including IBRD, IDA, IFC, and MIGA) to jointly engage on programmatic- and project-level opportunities in the water sector, with the aim of unlocking private sector expertise, innovation, and capital.