STOCK TITAN

World Water Day: IBM Launches RFP To Accelerate Global Water Solutions for Vulnerable Populations

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

IBM is inviting proposals for the next cohort of its Sustainability Accelerator, focusing on water management solutions. This initiative leverages technologies like hybrid cloud and artificial intelligence to support vulnerable populations affected by environmental challenges. With over 2 billion people living in water-stressed areas, the program aims to improve access to safe drinking water, enhance water quality, and increase efficiency. Non-profits and government bodies can apply by the end of May 2023, with selected projects announced in November 2023.

Positive
  • IBM's Sustainability Accelerator focuses on critical water management, showcasing commitment to addressing global challenges.
  • The program aligns with United Nations Sustainable Development Goal (SDG) 6, enhancing corporate social responsibility.
Negative
  • None.

NORTHAMPTON, MA / ACCESSWIRE / March 22, 2023 / IBM is now accepting proposals for the next cohort of the IBM Sustainability Accelerator, which will focus on water management solutions. This program applies IBM technologies, such as hybrid cloud and artificial intelligence, and an ecosystem of experts to enhance and scale projects focused on populations vulnerable to environmental threats.

According to the World Health Organization, over 2 billion people live in water-stressed countries. This challenge is expected to be exacerbated in some regions as result of climate change and population growth.

In alignment with United Nations Sustainable Development Goal (SDG) 6, IBM will look to support projects that help improve equitable access to safe drinking water for all, improve water quality by reducing pollution, increase water-use efficiency across all sectors, protect and restore water-related ecosystems, increase sanitation management, and reduce the number of people suffering from water scarcity - among other purposes.

The RFP process will include input from IBM across disciplines, and from representatives from organizations such as Water.org and the United Nations Development Programme. The selection criteria will consider the applicant's capacity and readiness to support communities who are especially vulnerable to water-related threats, technical feasibility and sustainability for the envisioned solution, and transparency on measurement and reporting - along with others.

"Water management for the world's most vulnerable communities is a tremendous challenge," said IBM VP and Chief Impact Officer Justina Nixon-Saintil. "Following our first two cohorts on sustainable agriculture and clean energy, now we look forward to working with organizations with initiatives that scale technology solutions that will support communities in overcoming water challenges, including shortages, pollution, or conservation."

Non-profit and government initiatives focused on water management can apply to the RFP until the end of May 2023. The selected participants will be announced in November 2023.

IBM, Wednesday, March 22, 2023, Press release picture



View additional multimedia and more ESG storytelling from IBM on 3blmedia.com.

Contact Info:
Spokesperson: IBM
Website: https://www.3blmedia.com/profiles/ibm
Email: info@3blmedia.com

SOURCE: IBM



View source version on accesswire.com:
https://www.accesswire.com/745185/World-Water-Day-IBM-Launches-RFP-To-Accelerate-Global-Water-Solutions-for-Vulnerable-Populations

FAQ

What is the IBM Sustainability Accelerator focusing on in 2023?

The 2023 cohort focuses on water management solutions to support vulnerable populations.

When is the application deadline for the IBM Sustainability Accelerator?

The application deadline is the end of May 2023.

Who can apply for the IBM Sustainability Accelerator's RFP?

Non-profit and government initiatives focused on water management can apply.

When will selected participants for the IBM Sustainability Accelerator be announced?

Selected participants will be announced in November 2023.

How many people live in water-stressed countries according to IBM's press release?

According to the press release, over 2 billion people live in water-stressed countries.

International Business Machines Corporation

NYSE:IBM

IBM Rankings

IBM Latest News

IBM Stock Data

191.57B
923.47M
0.12%
62.74%
2.27%
Information Technology Services
Computer & Office Equipment
Link
United States of America
ARMONK