5 corporations funding water projects

A young woman with her WaterCredit loan card. Water.org’s WaterCredit in India, a program supported by the PepsiCo Foundation, aims to help approximately a million more people gain access to clean, safe water by 2016. Photo by: Water.org / CC BY-NC-SA

Improving access to safe water, sanitation and hygiene influences many other development sectors, such as health, nutrition, food security, education, and gender equality. Water can also have a profound effect on a developing country’s economy — the World Health Organization estimates that for every dollar invested in safe drinking water, sanitation and hygiene, there is a $4 return for the local economy.

Despite a consensus on clean water’s potential to vastly improve the lives of many of the world’s poorest, there are still nearly a billion people living without access to safe drinking water. The problem is urgent — the World Economic Forum Global Risks Report 2015 rated water crises, which include everything from water mismanagement to drought and the spread of water-borne infectious diseases, as the greatest risk facing the world in terms of impact.

About the author

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    Liana Barcia

    Liana is a Manila-based reporter at Devex focusing on education, development finance and public-private partnerships and contributing a wide range of content featured in the Development Insider, Money Matters and Doing Good newsletters. She draws from her experience in business reporting and advertising to generate coverage that is engaging, insightful and relevant to the Devex community.

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