VP Launches Innovative Water Fund To Tackle Sustainability Challenges

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By: Precious Miracle Kargbo

On January 25, 2024, Vice President of the Republic, Dr. Mohamed Juldeh Jalloh, officially inaugurated the Western Area Peninsular Water Fund at the Guma Water Dam. Dr. Jalloh highlighted the fund’s significance as an alternative financing tool aimed at mobilizing additional funds and promoting private sector participation in Sierra Leone’s water industry to achieve the 2030 Sustainable Development Goals (SDGs).

Despite progress in improving access to safe drinking water, Sierra Leone faces challenges due to a growing population, environmental impact, and financing gaps. The Vice President emphasized that the Water Fund marks a crucial milestone in addressing these challenges.

The Western Area Peninsular Water Fund is a collaborative effort involving the Ministry of Water Resources, Water Fund Africa, Catholic Relief Services, and the Nature Conservancy. Dr. Jalloh stated that leveraging innovative financing mechanisms, the fund aims to secure resources to enhance water conservation and expand access to clean water for the growing population in Freetown and its surrounding areas.

During the launch ceremony, Vice President Jalloh expressed that the initiative represents a major stride toward national and international commitments for sustainable water management. He assured that the fund will attract investments from both domestic and international sources, bridging financing gaps and paving the way for improved water supply systems, enhanced conservation efforts, and increased resilience to climate change.

The Vice President emphasized the positive reception of the Western Area Peninsular Water Fund, with praise from international organizations and development partners. He called for continued collaboration between stakeholders to address water challenges faced by Sierra Leoneans.

Dr. Mohamed Jalloh concluded by asserting that the establishment of the water fund should serve as a beacon of hope, providing a boost to water conservation and access efforts. With increased funding and private sector involvement, he believes Sierra Leone’s water sector is poised for transformative change, benefiting countless individuals and contributing to the country’s overall development.

In an addendum, the Vice President commended the Ministry of Water Resources, Water Fund Africa, Catholic Relief Services, and The Nature Conservancy for their commitment and vision, stating that their collective efforts have laid the foundation for a more sustainable and water-secure future for Sierra Leone.

 

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