USAID, Coca-Cola announce additional joint investment of $12.7M in global partnership

NewsGuard 100/100 Score

Today, the U.S. Agency for International Development (USAID) and The Coca-Cola Company announce an additional joint investment of US$12.7 million in their global partnership, the Water and Development Alliance (WADA). Through this investment, WADA will support eight new multi-year programs throughout sub-Saharan Africa in Angola, Burundi, Ghana, Malawi, Mozambique, Senegal, South Africa, and Tanzania. These programs will begin as 3-year initiatives, representing a shift toward longer-term efforts and exemplifying each organization's shared commitment to lasting, sustainable solutions to global water challenges. With this new investment, USAID and The Coca-Cola Company will have committed a total of $28.1 million since 2005 to support 32 projects in 22 countries worldwide in Africa, Latin America, the Middle East, and Southeast Asia.

Water scarcity, degraded water quality, and lack of basic water and sanitation services present severe global challenges, especially to the world's poor. More than one billion people live without access to safe drinking water, and 2.6 billion people have no access to basic sanitation. The growing water shortage impedes human needs for food and economic activity and threatens the sustainability of communities and critical ecosystems. USAID and The Coca-Cola Company established WADA to help tackle these enormous challenges.

USAID Administrator Rajiv Shah emphasized the importance of the public-private partnership: "As it enters its fifth year, USAID's partnership with Coca-Cola showcases the potential of the U.S. Government to partner with the private sector to make a long-term impact on pressing global challenges.  By matching USAID's development expertise with the resources, capacities, and commitment of The Coca-Cola Company, we are making a positive impact on community water issues throughout the developing world."

Working with local partners in each country, WADA has addressed a myriad of local water challenges, helping more than 300,000 people gain access to sustainable sources of water for health and livelihoods.

"We recognize that no single organization can solve the global water crisis, but by partnering with organizations like USAID we can make a positive difference in the lives of the people in need of safe water and sanitation," said William Asiko, President of The Coca-Cola Africa Foundation.

WADA focuses on four objectives: watershed management, water supply and sanitation, hygiene promotion, and productive water use. The partnership capitalizes on the strengths and experience of its partner institutions, USAID, The Coca-Cola Company, and the Global Environment & Technology Foundation, which work collaboratively to demonstrate how government, business, and the non-governmental community can innovatively engage to solve global water challenges.  

SOURCE U.S. Agency for International Development

Comments

The opinions expressed here are the views of the writer and do not necessarily reflect the views and opinions of News Medical.
Post a new comment
Post

While we only use edited and approved content for Azthena answers, it may on occasions provide incorrect responses. Please confirm any data provided with the related suppliers or authors. We do not provide medical advice, if you search for medical information you must always consult a medical professional before acting on any information provided.

Your questions, but not your email details will be shared with OpenAI and retained for 30 days in accordance with their privacy principles.

Please do not ask questions that use sensitive or confidential information.

Read the full Terms & Conditions.