The Coca-Cola Company has announced a $3.5 million commitment to the United States Water Partnership, a public-private partnership launched on World Water Day 2012 by U.S. Secretary of State Hillary Clinton.
Announced at the Rio+20 Conference in Brazil, the partnership is designed to unite American expertise, knowledge, and resources and mobilize those assets to address global water challenges, with a focus on the developing world. Awarded through the company's Replenish Africa Initiative (RAIN), the funding will support water access programs in countries with the most significant needs, including the Democratic Republic of the Congo, Ethiopia, Madagascar, Mozambique, and Somaliland. Atlanta-based Coca-Cola will contribute $3 million toward a wide range of sustainable water access activities in those countries, including efforts to expand water access in informal urban settlements and in hospitals and promote multiple uses of water that empower women.
The remaining $500,000 will support USWP's efforts to transfer additional resources to African countries characterized as high-need in terms of access to clean water and sanitation. USWP also will make learnings from the RAIN initiative available to the global water sector.
"Access to safe water is essential for our company and our world," said Coca-Cola chief sustainability officer Bea Perez. "The sustainability of water resources is a top priority at the Coca-Cola Company. We are honored to support the USWP while being a catalyst for sustainable water access solutions in Africa."
Source: “The Coca-Cola Company Commits $3.5 Million to U.S. Water Partnership.” Coca-Cola Company Press Release 6/21/12.