Financing of Water Programmes in the Netherlands
The Netherlands has long been challenged by severe flooding because half of the country is below sea-level and three major rivers converge in it. To protect the country from floods, the government began building the "Delta Works" in 1954. Its final piece, the Maeslant storm surge barrier, was completed in 1997. In 2008, it employed a new approach in flood protection. This presentation shares the capital expenditures needed to build the infrastructure under this new approach and how they were financed.