British multinational banking firm, the HSBC Group has launched a five-year $100 million water programme and selects Ghana to be one of the beneficiary countries of the project.

The investment is to help transform the lives of more than 1 million people through providing access to safe water and spearheading water protection projects.

The five-year programme, launched by HSBC Group Chairman Douglas Flint on 10 June 2012, involves working in a groundbreaking partnership with the World Wildlife Fund (WWF), WaterAid and the Earthwatch, who will carry out the projects in both developed and growing markets.

In a press statement, the Bank said WaterAid will help 1.1 million people gain access to safe water and 1.9 million to improved hygiene and sanitation in Ghana, Bangladesh, India, Nepal, Pakistan and Nigeria.

The WWF, on the other hand will work with over a thousand businesses and over a hundred thousand fishers and farmers in five river basins in Asia, East Africa and South America to promote more efficient use of water in their practices.

Source: Ghana Business News