Concept Project Information Document (PID) - TURKEY INTEGRATED WATER CONSERVATION PROJECT - P174915 (English)

On the monetary and financial side, the Central Bank injected a significant amount of liquidity and the banking regulator introduced flexibilities that enabled public banks to extend credit to some of the most affected parts of the economy. [...] The pace of recovery beyond 2021 will depend on the duration of the pandemic, the availability and distribution of a vaccine and restoration of international trade and investment flows. [...] Conservation of not only the quantity but also the quality of water resources, while managing water-related risks such as floods and droughts, and ensuring resilience to shocks, such as the impact of natural disasters and pandemics such as Covid-19, is essential for strengthening Turkey’s water security to support long-term growth and sustainability. [...] Climate change is projected to further impact surface water availability and increase the frequency and severity of extreme weather events such as floods, heatwaves, and droughts—potentially affecting the safety and welfare of people, especially the most vulnerable, altering demand patterns, and causing substantial damages to water, energy, waste, transport, and other critical infrastructure. [...] While wastewater treatment capacity has steadily increased as a result of sustained investments in the last decade, with the share of the population served by wastewater treatment plants growing from 36 percent to 79 percent between 2004 and 2018 (Turkstat 2019), more attention needs to be paid to the quality of infrastructure and services across the entire sanitation value chain, much of which is