Incofin Investment Management, together with Aqua for All and Norfund, recently announced the launch of a new Technical Assistance Facility (TAF) for the Water Access Acceleration Fund (W2AF).
The facility is designed to help promising water enterprises grow stronger and reach further. It will give them the tools, expertise, and systems they need to grow sustainably, improve service quality, and expand safe drinking water access to underserved communities.
The announcement follows a month of high-level gatherings at World Water Week, the World Economic Forum, and the UN Global Compact, where water security and resilience were in the global spotlight.
A facility to help water enterprises thrive
By 2028, the W2AF TAF will deploy EUR 550,000 to investees or potential investees of the W2AF fund. It targets reaching at least five tailored technical projects, five impact measurement initiatives, and two knowledge-sharing events.
Support will be directed to six key areas:
- Water technology & delivery systems – deploying innovative, sustainable technologies to produce and deliver safe drinking water.
- Corporate systems enhancement – improving governance, financial planning, risk management, and digital transformation.
- Climate action – building resilience and reducing carbon footprints through adaptation and renewables.
- Gender equity – promoting women’s leadership and ensuring gender-responsive design.
- Impact measurement – tracking and reporting meaningful social, environmental, and financial outcomes.
- Knowledge sharing – encouraging peer learning, sector collaboration, and customer awareness campaigns.
Together, these efforts aim not only to improve daily access to safe drinking water but also to build resilient, well-managed enterprises capable of scaling their impact far beyond individual projects.
“With the dedicated support of Aqua for All and Norfund, the W2AF TAF will deliver the expertise our investees need to thrive. By combining robust capacity building with Incofin’s invested capital, we aim to unlock non-linear returns – ensuring every euro of TA multiplies its impact across both social outcomes and financial scale.”
Aparna Pittie, Deputy Fund Manager and Partner, W2AF“At Aqua for All, we believe that TA enhances the quality, scalability, and sustainability of water enterprises. It is a vital component of financing approaches that target social and environmental impact. TA complements investments and, when combined, maximises the impact of financing for water access.”
Annemarie Mastenbroek, Manager Technical Assistance & Capacity Building, Aqua for All“This TA facility is a key tool for the Fund’s investments in the water sector. It strengthens the development effects of these investments and provides capacity building beyond the commercial capital that we deploy.”
Marianne Jønsberg, Senior Manager Business Support/TA, Norfund
Scaling sustainable water access
By pairing Incofin’s investment expertise with hands-on technical assistance, W2AF ensures that water enterprises are equipped to grow sustainably, withstand climate and operational challenges, and reach more underserved communities with safe drinking water.