This blog originally appeared on the The Consultative Group to Assist the Poor (CGAP) Microfinance Blog. Housed at the World Bank, CGAP is a global partnership of 34 leading organizations that seek to advance financial inclusion. The blog highlights a recent study which concludes that water and sanitation microfinance can be good for Microfinance Institutions, good for the development community, and -most importantly- good for borrowers and their families.
Crises in access to water are making headlines around the world. Among difficult policy pathways to respond, convincing people to change their behavior and reduce their consumption can be one of the hardest.
This post gives us a promising picture from Belén, a small town in Costa Rica. Of Belén’s 21,633 inhabitants, 99.3% have access to water service, but shortages are anticipated by 2030. Our recent study demonstrated that the government could cheaply encourage citizens to save water by enabling them to compare their consumption with that of their peers.