Domestic public finance is essentially money derived from domestic taxes, raised nationally or locally. A core principle is that funds should be raised and spent in a manner that is both cost-effective and equitable.
People with good water, sanitation and hygiene are both healthier and wealthier. Investing in WASH makes sense: for example, the economic return on sanitation investment is on average $5 for every $1 spent.
No! Public finance and market-based finance are two pieces of the same puzzle! Both public finance and market-based solutions are essential. Spent well, public finance creates and stimulates markets.
Diverse organisations and initiatives are doing very important work around public financing for water and sanitation, including Sanitation and Water for All (SWA) and the UN-Water GLAAS initiative. We particularly recommend the WASHwatch website, which has very detailed data on country progress towards public finance commitments. More information on other organisations working to support public finance can be found here.