New initiative by HSBC : launches US$ 100 million water partnership with WaterAid, WWF and Earthwatch

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British multinational bank HSBC has launched a new US$ 100 million, five year partnership with WaterAid, WWF and the Earthwatch Institute. The HSBC Water Programme will bring safe water and improved sanitation to over a million people; tackle water risks in river basins; and raise awareness about the global water challenge.

http://washfinance.wordpress.com/2012/06/13/hsbc-launches-us-100-million-water-partnership-with-wateraid-wwf-and-earthwatch/

3 Answers

  1. i was really disappointed today, while roaming around different sites of different organizations, and came across a conclusion that there mentioned Asia in their working areas, but Pakistan was no where in there work areas or priority areas, same here its mentioned Asia but Pakistan lies no where. mostly its India, China or Srilanka.

  2. Hello Donna, HSBC is working with WWF in the field of improved agriculture and river basin management in Asia. Working with several farmers in asian villages, WWF has revolutionised the way they farm. As a result, farmers report an average net profit increase of 50 per cent. Farmers replenished the health of the soil by introducing more natural methods, such as using organic compost, crop rotation, and nutrient management of the soils that support crop growth. They also started to control their irrigation systems more effectively which reduced the quantity of water they were drawing from the river. For detail information check out the link http://bit.ly/NsR6Y5.

  3. It is a concrete step taken by HSBC, I have seen their work in Bangaladesh and in India. Thanks vishakha for sharing the info. They have also taken a good initiative in sustainable agriculture in Asian countries, you must showcase that too.