News.

Submit an article (link opens in a new window)

Tuesday
September 20
2022

Amazon Will Donate $10 Million to Help a Million People Get Access to Safe Water

Amazon will also help launch one of the largest private investment portfolios in water and climate, bringing lasting water access for 100 million people.

Amazon and Water.org are partnering to help launch the Water.org Water & Climate Fund focused on climate-resilient water and sanitation solutions that will result in lasting access for 100 million people across Asia, Africa, and Latin America. In addition to launching this fund, Amazon’s $10 million contribution will directly empower 1 million people with water access by 2025, providing 3 billion liters of water per year in areas facing water scarcity.

By 2025, 50% of the world’s population is projected to live in water-stressed areas as a result of climate change, with low-income families bearing the greatest brunt of this crisis. This new commitment builds on Amazon’s existing partnership with Water.org. Since 2020, the 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 nearby communities finance water pipe connections and toilet installations in homes.

Over the next two years, Amazon’s newest donation will kickstart one of the largest private investment portfolios in water and climate to date. The Water & Climate Fund will support climate-resilient water and sanitation projects including water reuse infrastructure, wastewater treatment plants, and water loss reduction.

Photo courtesy of Manuel Darío Fuentes Hernández.

Source: Amazon (link opens in a new window)

Categories
Investing, WASH
Tags
climate change, environment, finance, hygiene, impact investing, infrastructure, partnerships, sanitation, WASH, water
The Best of NextBillion in Your Inbox Each Week!
Subscribe to NB Notes for news, jobs & on-the-ground insights from the world of emerging markets business.
No Thanks
Thank you for signing up to receive the NextBillion Notes newsletter.
We respect your privacy. Your information is safe and will never be shared.
Don't miss out. Subscribe today.
×
×