November 19th 2018, the fifth annual World Toilet Day, is our most exciting to date. Over the past year we have been honoured to work with Laguna Water, a joint venture of Manila Water and the Laguna Provincial Government, on rolling out the Laguna Portable Toilet Solution (PTS), piloting a first-of-its-kind utility business model for providing non-sewered household toilets. Today, following a successful pilot, we are excited to announce that we will be supporting the Laguna PTS scale-up starting in 2019.
The Laguna PTS is a major milestone for the sanitation sector: A clear signal that new business models and technologies will enable cities to provide sanitation in crowded urban centres where sewers, septic tanks and pit latrines have limitations. For Loowatt, the vision of this scale-up embodies our dream for the future: waterless flush toilets and sanitation solutions for everyone, everywhere.
Only two weeks ago, we joined world leaders and toilet visionaries including Jim Yong Kim (President of the World Bank) and Bill Gates at the Reinvented Toilet Expo. Development finance institutions announced commitments with potential to unlock $2.5bn in financing for City-Wide Inclusive Sanitation projects. In a world where 4.5 billion people are still without safely managed sanitation, today we celebrate being part of a global community that shares the humility and courage to develop new solutions—a movement that is gaining momentum.
While technology plays a role, the future of urban sanitation ultimately depends on governments, regulators, and service providers to embrace new ways of delivering services. Manila Water is a world-leading water utility, currently operating in 10 cities across Southeast Asia, profitably serving an estimated 18 million people. Their commitment to the Laguna PTS, along with exciting initiatives like City-Wide Inclusive Sanitation and the Reinvented Toilet, offer a brighter future for sanitation. Over the coming years major strides will be made in developing financing structures that enable utilities and administrations across other cities and countries to leapfrog sewers and scale up new approaches to sanitation service delivery.
We at Loowatt are proud to be part of this movement. Our progress would not have been possible without the hundreds of thousands of people in the United Kingdom and Madagascar who invested their hard-earned money for the comfort of a Loowatt toilet experience. Nor would have been achieved without the support of our donors and investors, and our utility partners in the UK, Madagascar and the Philippines who have worked tirelessly with us to envision the future of sanitation as a regenerative service. Thank you for supporting our mission to help people everywhere Flush with Happiness.