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Amazon Taps Industry Partners for Colorado River Basin Water Fund

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AMZN
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Amazon has launched the Colorado River Basin Collaborative to fund water projects across the basin and encourage other organizations to join. The goal is to raise $100 million over the next two years, with Amazon contributing $20 million so far.

The collaborative effort aims to address the severe water shortage in the region, which has been exacerbated by a 25-year megadrought. According to an Amazon press release, the river's largest reservoirs are below 30% of capacity, and there is a gap between supply and demand of roughly 1 trillion gallons per year.

The basin supplies water to 40 million people and irrigates over 5 million acres of farmland, making it essential for supporting communities. Amazon's water sustainability lead, Will Hewes, emphasized that no single company can solve the issue alone and that an industry-wide effort is necessary.

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