Water Access Accelerator Fund
Region
Commitment (MNOK)
Status
W2AF is a private equity fund focusing on safe drinking water, with EUR 36 million of commitments. The blended fund aims to provide 20 billion liters of water to 30 million people, mainly in Africa and Asia. W2AF invests in innovative water businesses that provide affordable, safe drinking water to underserved populations. The committed capital comes from a diverse pool of private and public investors, including Danone along with BNP Paribas, the U.S. International Development Finance Corporation (DFC), Norfund, the Danish development finance institution IFU, and international foundation Aqua for All. The U.S. Agency for International Development (USAID) provided catalytic funding to enable a first-loss tranche through the INVEST initiative.
Key information
- Sector:
- Green Infrastructure
- Commitment (MNOK):
- 58.3
- Year:
- 2022
- Region:
- Global
- Country:
- Global
- Domicile:
- France
- Instrument:
- Funds
- Status:
- Active
- Mandate:
- Development
Additionality Water Access Accelerator Fund
This investment is particularly additional on the following ambitions:
- Investing in the poorest countries
- Investing in the most capital constrained markets
- Investing in the riskiest markets
- Investing in sectors with high development needs
- Investing in high risk instruments
- Targeting underserved segments
- Taking an active role in investments
- Improving social and environmental performance
- Supporting enterprise improvements
