WASHINGTON, September 11, 2008- The following project was approved today by the World Bank’s Board of Executive Directors:
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IDA Grant: US$15 million
Program Description: This additional financing supports the project’s efforts to conserve water in farming areas, especially groundwater, improve recharge and protect watersheds by: (i) improving water use efficiency and increasing farmer returns to water, so creating the conditions that would allow farmers to reduce pumping of groundwater from aquifers towards sustainable levels; (ii) increasing surface and groundwater availability through watershed management and groundwater recharge by supporting the rehabilitation of small to medium spate irrigation schemes, bank protection works, water harvesting structures, and the rehabilitation of terraces and other soil and water conservation investments; and (iii) supporting a groundwater management framework based on improved incentive and capacity to manage local water resources in a sustainable manner.
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For more information, please call Dina El Naggar at (202) 473-3245 or e-mail here at delnaggar@worldbank.org
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