The Cape Water Performance-Based Bond: A New Alliance for Cape Town’s Water Future By Louise Stafford Copyright © 2026 IPS-Inter Press Service.

The Cape Water Performance-Based Bond: A New Alliance for Cape Town’s Water Future By Louise Stafford CAPE TOWN, South Africa, Apr 16 2026 (IPS) - In 2018, Cape Town came perilously close to becoming the first major city in the world to run out of water. Known as “Day Zero”, it was more than just a crisis, it marked a pivotal moment. It made clear that water insecurity is not a distant threat, but an immediate reality. https://www.ipsnews.net/2026/04/the-cape-water-performance-based-bond-a-new-alliance-for-cape-towns-water-future/ Copyright © 2026 IPS-Inter Press Service.