Major Corporations Launch Water Shortage Database

Industry Tags: Human Rights, Research

CIO UK (8/18, King) reported, "The world's largest manufacturers and investment firms, including General Electric, Goldman Sachs and Coca-Cola, are backing a major water database aimed at helping prevent disastrous regional shortages of the critical resource. The launch of the database, backed by a new group known as the Aqueduct Alliance, was prompted by water disasters across the world, such as recent droughts in the southwest of the US and flooding in China." The Alliance is a partnership between the DC-based think tank World Resources Institute, Goldman Sachs, and General Electric. "The launch comes at a time when east Africa is experiencing one of its worst droughts in 60 years, with more than 10 million people in Ethiopia, Kenya, Somalia, and the Republic of South Sudan left in desperate need of food, water and healthcare." Coca-Cola said it would contribute with supplying data from its database of water risk information.

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