Date(s) - September 17, 2022
7:00 am - 9:00 am
Categories No Categories
28th Monthly Presentation
Saturday, September 17, 2022; 7:00- 9:00 AM US Pacific Time
Public Private Partnerships (PPP) and Financing in Desalination, Wastewater Treatment, and Reuse
Population and economic growth have driven a rapid rise in demand for water resources. As a result, 36 percent of the world’s population already lives in water-scarce regions. As cities continue to grow, there is a need to minimize resource consumption and focus on resource recovery, following the principles of the circular economy. As the demand for water increases and new sources of supply become more expensive to develop, there is an increasing need to use water more than once during the hydrological cycle. Wastewater is and should be considered a valuable resource from which energy and nutrients can be extracted, as well as an additional source of water for agricultural, industrial, and for potable uses. Reuse of treated wastewater can provide significant environmental, social, and economic benefits. The Municipalities and utilities that intend to move toward a circular economy and implement reuse and resource recovery in treatment facilities face numerous challenges: from the cost of adequate planning, feasibility assessment, project preparation, and design, to the difficulty in mobilizing financing, managing complex construction procurement process and – ultimately – in ensuring that that wastewater treatment facilities are managed in an efficient and effective way. Given the capital-intensive and technologically advanced nature of advanced wastewater treatment and reuse processes, the implementation of such projects under a Public Private Partnership (PPP) model is an effective tool to mitigate risks and minimize the lifetime cost of service, ultimately ensuring the long-term technical and financial sustainability of the service.
Mr. Nicola Saporiti (Nico) is an infrastructure finance professional with almost 25 years of international experience, specializing in the water sector in emerging markets. For the last 15 years, he has been leading water, wastewater treatment, and reuse, plus the occasional airport and hydropower transaction for the advisory unit of the International Finance Corporation (IFC, part of the World Bank). Prior to joining IFC, he worked as an investor for European Utilities, as an engineering consultant advising regulated water utilities in the UK, Latin America, and Southern Africa, and as a multilateral lender, working for the World Bank’s Latin America urban and water team. Nico holds an MBA from IMD, a Certificate in Financial Engineering from the Swiss Finance Institute, and is a graduate in Civil (Water) Engineering from the Politecnico di Milano University, in Italy.