SEATTLE–(BUSINESS WIRE)–Amazon (NASDAQ:AMZN) and Water.org today announced a partnership to help launch the Water.org Water & Climate Fund focused on climate-resilient water and sanitation solutions that will enable access sustainability to 100 million people across Asia, Africa and Latin America. In addition to the launch of this fund, Amazon’s $10 million contribution will provide 1 million people with direct access to water by 2025, providing 3 billion liters of water per year in areas facing water scarcity.
By 2025, 50% of the world’s population is expected to live in water-stressed areas due to climate change, with low-income families being the hardest hit by this crisis. This new commitment builds on Amazon’s existing partnership with Water.org. Since 2020, Amazon and Water.org teams have worked together to provide clean water and sanitation to 250,000 people in communities in India and Indonesia, through microfinance loans that help communities neighbors to finance water pipe connections and toilet facilities in the houses.
Over the next two years, Amazon’s latest donation will launch one of the largest portfolios of private water and climate investments to date. The Water and Climate Fund will support climate-resilient water and sanitation projects, including water reuse infrastructure, wastewater treatment plants and water loss reduction.
“Action for water is action for climate. We must focus on global water security by putting the water and sanitation needs of the most vulnerable at the forefront of our climate discussions and, more importantly, of our philanthropy,” said Matt Damon, co-founder from Water.org and WaterEquity.
“The climate crisis cannot wait, and pressing issues like clean water and sanitation require action today,” said Kara Hurst, vice president for global sustainability at Amazon. “We’ve done incredible work with Water.org over the past few years, reaching hundreds of thousands of people, and I’m proud to expand our partnership today to directly help support 1 million people with access to water. drinking water by 2025. We are also encouraging our partners at The Climate Pledge to join us in helping to reach the world’s most vulnerable communities with clean water and sanitation.
People living in poverty are particularly vulnerable to the impacts of climate change as they often lack access to reliable water and sanitation systems. They also have limited access to finance that can help them adapt to increasing droughts, declining water quality and changing rainfall patterns. Water.org is working to change that.
“Our solution is proven and powerful. We are accelerating our impact, and this partnership is an example of the power the private sector can give to create meaningful impact – it will ensure that Water.org achieves the desired impact and inspires others to join us,” said Gary White, CEO and Co-Founder, Water.org and WaterEquity.
In addition to global investments in clean water and sanitation, Amazon has also committed to decarbonizing its own operations to net zero carbon by 2040. The company is the largest corporate buyer of renewable energy in the world. Amazon placed the biggest ever order of electric delivery vehicles, which have already started hitting the road, and it co-founded and was the first signatory of The Climate Pledge, which now has more than 375 companies committed to being zero carbon. 10 years before the Paris Agreement.
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Water.org is an international non-profit organization that has positively transformed more than 48 million lives around the world through access to clean water and sanitation. Founded by Gary White and Matt Damon, Water.org is pioneering market-driven financial solutions to the global water crisis. For more than 30 years, we have provided hope for women, healthy children and a future for families. Learn more about https://water.org or email [email protected]