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ADB claims Asia’s 'Green Urbanization' is good, but urban poverty shows otherwise : Page 2 of 2

Posted on 3 October 2012
the disparity in income and wealth also affects access to clean water and sanitation. Consequently, rapid urbanization has an inverse effect on water coverage—as people worldwide who are living in absolute poverty can attest to. This is because communities or districts which are not considered “economically viable” by water concessionaires are left to tend to their own needs, relying most of the time on private water vendors which sell water at a price that can compete with oil.
 
Since those who have the capacity to pay are the ones with water pipeline connections, it would appear that water gravitates towards money. Similarly, power emanates from, or rather, is reinforced by gaining control over water. This becomes evident with big-ticket urban water projects won by companies of local elites in partnership with transnational corporations, which are primarily financed by conditional loans from the World Bank or ADB.
 
In Manila, Philippines, two among the country’s richest people, according to Forbes, have majority shareholdings in the two water companies that serve the city’s East and West zones. Meanwhile, water coverage in the country’s capital continues to be subpar to those stipulated in the concession agreement between the government and private concessionaires. This is now the subject of a Philippine congressional hearing of the House committee on good government and public accountability. ###
 
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