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Monday, October 16, 2017

Investorideas.com - Mexico City is the least affordable capital city for drinking water, 'Affordability Index' reveals.

Investorideas.com - Mexico City is the least affordable capital city for drinking water, 'Affordability Index' reveals.




Mexico City is the least affordable capital city for drinking water, 'Affordability Index' reveals.



October 16, 2017 (Investorideas.com Newswire) The results of the 2017 Global Water Tariff Survey's Affordability Index, published last month by Global Water Intelligence (GWI) and the Global Water Leaders Group (GWLG), have revealed that Mexico City residents spend around 3.71% of their household income on water bills, well above the 3% affordability threshold advised by the UNDP.

The results are based on data collected for the 2017 Global Water Tariff Survey, and were released in a new White Paper entitled The Global Value of Water, published by GWI and the Global Water Leaders Group (GWLG) in partnership with Arup. The White Paper features commentaries from GWLG members and Alexander Danilenko, Senior Water and Sanitation Specialist at The World Bank.

The Index examined the affordability of water tariffs across 20 major capital cities from around the world, and which components among household income, water consumption and water price, are responsible for it. The 'Affordability Index' is measured as the percentage of household income that goes towards paying the water bill.





full article http://www.investorideas.com/news/2017/water/10161Affordability.asp
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