World Bank Approves $157 Million to Protect Malawi’s Watersheds and Improve Rural Livelihoods

The World Bank Board of Executive Directors approved on June 19, 2020, a total of $157 million for the Malawi Watershed Services Improvement Project (MWASIP), composed of a $78.5 million credit and $78.5 million grant from the International Development Association (IDA)*. Malawi’s water resources are under threat from severe land degradation and loss of forest cover. Critical watersheds are becoming degraded, leading to reduced water availability, deteriorating water quality, increased vulnerability to droughts and floods, reduced energy security, and reduced agricultural productivity.

Funding agencies: World Bank

Countries: Malawi

Published: 2020-07-14

Sectors: Services