Memorandum of Understanding between FMO and NWP

01 NOV 2017 16:27 | NWP - Stichting Netherlands Water Partnership

Today a Memorandum of Understanding (MoU) was signed between Netherlands Water Partnership (NWP) and the Dutch development bank (FMO). This agreement seeks to formalise the partnership between FMO and NWP, because the recently intensified collaboration between FMO and NWP has demonstrated a vast complementarity in the field of development of water initiatives.

Develop at least 2 water initiatives

The MoU is for a duration of one year and aims to develop at least 2 water initiatives, from project development to financial close stage. Hereby the role of NWP is to mobilize the Dutch water sector around a specific international water initiative and for FMO to develop and structure that specific initiative in a way that it becomes attractive for different financial partners.

Aart Mulder, Manager Partnerships for Development within FMO commented: "Working together with NWP means that we are able to fulfil one of our key objectives, increasing our impact through partnerships and leveraging these partnerships to mobilize more capital and catalyze investments in frontier markets. The Dutch Desk (NLB) of FMO is dedicated facilitating tailor-made finance structures for Dutch business, including water stakeholders. The MoU is a perfect fit for this and we look forward to sourcing projects together that have great potential to make a difference in the field of sustainable water solutions.”

Lennart Silvis, Managing Director Netherlands Water Partnership: “Combining the roles of FMO and NWP increases the ability of the Dutch water sector to implement water initiatives internationally. The role that the Netherlands fulfills in the world as a centre of excellence for water is intensively strengthened by adding finance to Dutch water expertise. This MoU is an important step in that direction.”

For general information on the MoU please contact: Karin van Nistelrode, Manager Marketing & Communications Netherlands Water Partnership, T +31 (0)6 4384 61 11, k.vannistelrode@nwp.nl The Amsterdam International Water Week 2017 is organized by International Water Conferences (IWC), Netherlands Water Partnership (NWP) and RAI Amsterdam. For more information see www.internationalwaterweek.com High res images and video material on AIWW can be downloaded on https://www.rai.nl/en/newsroom/ About NWP Within the Netherlands Water Partnership companies, NGOs, Knowledge Institutes and Government have joined forces. The partners work together to offer sustainable, multifunctional water solutions for people, planet and profit worldwide, achieving more impact abroad by the Dutch Water Sector in that way. NWP facilitates business development -and economic diplomacy and organizes missions, exhibitions and conferences. About FMO FMO is the Dutch development bank. As a leading impact investor, FMO supports sustainable private sector growth in developing countries and emerging markets by investing in ambitious projects and entrepreneurs. FMO believes that a strong private sector leads to economic and social development. It has a more than 45-year proven track- record of empowering people to employ their skills and improve their quality of life. FMO focuses on three sectors that have high development impact: financial institutions, energy, and agribusiness, food & water. With a committed portfolio of EUR 9.0 billion spanning over 92 countries, FMO is one of the larger bilateral private sector developments banks globally. For more information, please visit www.fmo.nl

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