Bank / Credit Union
Standard Chartered Bank partners with Watershed Organization Trust
October 31, 2023
Standard Chartered Bank, based in India, partnered with Watershed Organization Trust to provide sustainable water use for the drought-impacted region of Marathwada, India. Through an initiative, the bank aims to deliver safe drinking water through wells, water kiosks and pipelines, according to a press release.
In particular, the campaign aims to deliver community ownership, climate-resilient agriculture practices to 11,347 individuals across 10 villages. It will establish water absorption trenches and continuous contour trenches in the area.
"This partnership and initiative symbolizes a beacon of hope and sustainable future for the communities in Marathwada," Prakash Keskar, executive director at WOTR, said in the release. "Our strategies, developed from a confluence of scientific research and grassroots experiences, aim to holistically address water security, agricultural practices and community empowerment."
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