Safe Water Currency for Peace Act of 2005
Semester
The lack of adequate sanitation and access to safe, clean drinking water in Asia and Africa has led to disease, unhygienic conditions, and death. Through an amendment to the Foreign Assistance Act of 1961, a five year pilot program was developed to promote economic development by improving safe water access and sanitation in countries of South Asia or Sub-Saharan Africa. The approach allows private investors to propose a project, and grants them economic incentives. Students analyzed the act and provided a detailed program design balancing the private investor, public sector, and the local community. The team created first year goals which included establishing the office and receiving bids, with the hope of incorporating private investors in the global effort of providing safe water and sanitation.