Support for The Nature Conservancy’s Green-Blue Water Coalition

The Green-Blue Water Coalition is an alliance of Brazilian companies organized by The Nature Conservancy. The purpose of this alliance is to mobilize support for protecting critical watersheds throughout the country.

Bank of America Merrill Lynch recognizes the importance of water and is working to protect this crucial resource for future generations in Brazil and throughout the globe. Recently we provided a USD $100,000 grant to support this initiative.

"The Coalition allows for unprecedented collective action on the part of companies. The participation of one company potentiates the action of the others, said Antonio Werneck, Executive Director of the Brazil Program of The Nature Conservancy, “Thanks to Bank of America and other Coalition partners, we have achieved results that no single actor could have achieved alone, generating lasting socio-economic and environmental benefits.”

The watersheds this coalition seeks to protect are spread across 12 metropolitan areas, which in total account or provide water supply for approximately 62.6 million people. Part of the Coalition’s work is to restore green infrastructure, such as planting trees and conserving existing forests in strategic watersheds, as well as raise awareness amongst companies, public agents and other stakeholders on the importance of water security and conservation. This initiative aims to protect a critical resource for Brazil’s economic development and provide continuous access to water for its citizens.

Bank of America has supported The Nature Conservancy (TNC) for more than 40 years. In 2016 it was the recipient of a $1 million grant from our charitable foundation to support two programs. The first addresses a comprehensive system-scale planning approach to help countries balance the generation of renewable energy and the conservation of rivers that provide food and livelihoods. The second program aims to scale up cost-effective investments in nature-based resilience approaches that will help protect communities from climate risks and extreme weather events. Press Release

2018 World Water Forum

At this year’s World Water Forum, leading organizations gather to discuss the world’s water issues. It is taking place for the first time in Brasilia, Brazil between March 18 and 23. The World Water Council organizes this forum on a tri-annual basis.

The World Water Council helps to facilitate efficient water conservation, protection, development, planning, management and use of water in all its dimensions on an environmentally sustainable basis for the benefit of all life.

To learn more visit the World Water Council website.

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