With 700 million people on this planet lacking access to clean water, Ryan Phillips-Page, founder of Operation Water, felt that he address water access at scale.
He explains that access to water goes well beyond the need for an adequate supply of clean drinking water. “Almost 1 in 10 people globally lack access to clean drinking water, with women and children disproportionately suffering. The ripple effect of poor health, inadequate hygiene, and lost educational and economic opportunities, traps the most marginalized in a cycle of poverty and disease.”
Operation Water is using innovative financing structures to implement large scale water projects. Ryan says, “We engage governments, utilities and contractors to execute scalable, socially critical water infrastructure projects on a Public-Private Partnership basis, utilizing an innovative funding structure that raises debt at attractive rates from Development Finance Institutions and Export Credit Agencies. From project sourcing to deal execution to construction, the goal is ultimately the provision of sustainable, affordable access to potable water.”
Ryan identifies two big challenges. The first challenge is that of breaking a new trail. “Our vision is ambitious in size and scope; we are charting a path that has not been walked before in terms of social impact water infrastructure development.”
Second, he notes, is the cultural complexity the organization faces. “In addition, across the developing world, a multitude of national, cultural and economic differences creates a complex environment to navigate.”
He acknowledges limitations in their work associated with their efforts to scale solutions up: they can’t help people in small, remote villages. “Since achieving economies of scale is a paramount objective of ours in order to affect the lives of the most people in need at the lowest cost per person, we are limited in our capacity to efficiently provide access to water to smaller villages in remote areas,” he notes.
Ryan remains committed to the solving the challenges and to bringing clean water to as many as possible. “Access to potable water is essential to a suitable quality of life, and thereby a prerequisite to hope, integrity, and opportunity. Delivering clean water solutions to communities in need will result in healthier, more economically productive, and ultimately happier lives,” he concludes.
On Wednesday, October 26, 2016 at 5:00 PM Eastern, Ryan will join me here for a live discussion about the work of operation water. Tune in here then to watch the interview live. Post questions in the comments below or tweet questions before the interview to @devindthorpe.
More about Operation Water:
Operation Water seeks to deliver clean water solutions to the greatest number of people in need, at the lowest cost per person, by developing scalable infrastructure projects. Major water infrastructure investments build the foundation upon which the most marginalized can escape the cycle of poverty. Providing sustainable access to potable water provides a pathway to mitigating mortality and morbidity while alleviating malnutrition, gender inequality, and disparities in economic opportunity. Drawing on our extensive experience as finance and business development professionals, we resolve to lead the effort to end the global water crisis in the next 30 years, while serving as responsible stewards of capital.
Prior to founding Operation Water, Ryan was the Founder and Managing Director of RPP Capital Projects and Finance (Pty) Ltd, a company that sources and structures financing solutions for power and water infrastructure projects in Sub-Saharan Africa. In this capacity, he has travelled extensively across Sub-Saharan Africa to meet with Presidents, Ministers, Governors, Director Generals of utilities, and African businessmen to discuss the strategic infrastructure priorities of many African nations. Previously, Ryan served as Director of Facilities and Operations at African Leadership Academy, a world class pan-African boarding high school located in Johannesburg, SouthAfrica. He was African Leadership Foundation’s first staff member and assisted the Founders with networking and fundraising. Prior to moving to South Africa to help launch African Leadership Academy, he served as Vice President of Business Development and Sales at IntellectSpace Corporation, a Seattle-based technology company that serves investment banks, hedge funds, foundations, and law firms. Ryan worked closely with the Founders to develop and execute the Company’s initial sales strategy and successfully built the company’s initial client roster.
Ryan started his career in New York City as an Analyst in the Investment Banking Division of Goldman Sachs Group, Inc. He graduated with honors from Boston College’s Undergraduate Carroll School of Management with a concentration in Finance.
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Devin is a journalist, author and corporate social responsibility speaker who calls himself a champion of social good. With a goal to help solve some of the world’s biggest problems by 2045, he focuses on telling the stories of those who are leading the way! Learn more at DevinThorpe.com!