Water is generally considered a public trust as naturally all living beings strictly depend upon an adequate supply of water for their survival. As previously described, the United Nations General Assembly explicitly recognized the human right to water and sanitation through the Resolution 64/292, acknowledging that clean drinking water and sanitation are essential to the realization of all human rights. In the majority of the countries today, water services are run by public and municipal system, therefore water isn’t treated like a commodity to be sold and bought in the market. Increasingly however, in the past decades, water has begun to be privatized. Privatization is not a new tool in the global arena, since private entrepreneurs and investors have provided for long time water services in many parts of the world, especially in the United States and France. The issue nowadays, is that the extent of privatization and the relative awareness of the benefits and problems associated to it.
Global institutions such as the World Bank Group and the International Monetary Fund have vigorously promoted a private sector driven range of water sanitation policies, addressed to a wide range of countries amongst the Global South. Institutions and observers supporting privatization propound that private companies can perform more efficiently in the water and sanitation sector, supplying more finance and arrange higher-quality expertise than what their government could offer. Such