IDB and EU to help finance Lake Titicaca cleanup


The Inter-American Development Bank (IDB) and the European Union have agreed to make US$85.7 million in financing available to help fund cleanup of Lake Titicaca, the enormous Andean water body shared by Bolivia and Peru. Experts estimate that the financing, the bulk of which will go to Bolivia, amounts to about a fifth of the funding that would be needed to successfully address pollution of what is, by water volume, South America’s largest lake. In 2015 the Bolivian and Peruvian governments announced a 10-year, $400 million cleanup program to “end the pollution” of Titicaca. “The Titicaca watershed for various decades has been suffering the effects of climate change and pollution from residential, industrial and mining effluent,” says Omar Garzonio, an Argentine-born... [Log in to read more]

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