Asian Development Bank (ADB) has voiced concern over Asia's future growth story amid rising water insecurity in the region, where demand for water would rise 55 percent by 2050. The regional development bank at a media briefing in Yokohama, Japan on May 3, underscored the need for ensuring good governance and coordinated initiative to deal with the water crisis. Bangladesh, one of the 29 water insecure countries, will get continuous assistance from the ADB along with other countries to fight the insecurity, senior officials of the ADB told the briefing on the sidelines of the bank's 50th annual meeting. The country is likely to receive an ADB fund worth USD1.03 billion in next three years (2017-2019), according to the bank's business plan.
Amy Leung, a deputy director general of the bank, said that while infrastructure would not be the only solution to the water crisis, good governance would be much more important. She said that almost half the water supply problems of the households in the countries could be solved by only repairing the leakages in the existing pipelines. Describing the bank's effort to help solve the problem, she said ADB spent some USD2.4 billion in 2016 and it might reach USD4.2 billion in 2017.