The vision of WFX is to demonstrate that funding solutions and structures exist to enable communities to develop sustainable and safe drinking water and wastewater systems. The WFX platform is urgently needed as COVID-19 has exacerbated health concerns and challenged the economics of safe water in many communities already suffering from outdated water infrastructure.
…of the community, along with necessary experts and leaders from federal, state and local government, private financial institutions, philanthropic foundations, and NGOs will generate trust and enable collaboration across the silos which prevent progress in water infrastructure funding.
…will be the governing principles that are applied in conjunction with appropriate risk management or loan instruments to specific deals to enhance financial structures and mitigate risks for potential investors/lenders.
Support all willing communities to develop fundable solutions that work for them.
WFX aims to increase investment in water infrastructure and address the funding gap for small and mid-sized utilities (SMUs) by: (1) strengthening the pipeline of investable deals; (2) accelerating project development through a revolving loan fund that supports pre-development and development activities; and, (3) providing the investment capital to assume first-loss positions and bring new investors to the table.
New approaches hold the potential to “bend the cost curve” by reducing long-term capital expenditure and operating costs or reducing the engineering costs associated with project design. Over time, this would include larger, urban and peri-urban communities.