Remunicipalization is big word for a simple concept: It’s the process of bringing a formerly privatized service or asset back under public control. For residents and taxpayers, remunicipalization is often the logical conclusion after private water corporations fail to deliver on their promises. For corporations like Veolia and Suez that earn profits from taking over municipal water systems, remunicipalization is a major threat to their business model. And that threat is growing every year.
According to a new book from the Transnational Institute and other organizations, the rate of remunicipalization is “accelerating dramatically”:
“Over the last 15 years, 235 cases of water remunicipalization have been recorded in 37 countries, impacting on more than 100 million people. Moreover the pace of remunicipalization is accelerating dramatically, doubling in the 2010-2015 period compared with 2000-2010.”
City leaders and residents across the globe are reclaiming their water systems from private profiteers and ensuring that access to clean water remains a human right for every citizen.