Water conservationists thirsty for a chance to help preserve the scarce resource have been given the opportunity to apply for private sector funds for their projects.

Local water activists can tap a five-year, $35 million (€27 million) fund dedicated to projects across the world. The fund is part of HSBC’s global $100 million water programme.

Projects must be sustainable, have a measurable impact and address water-related issues for the benefit of the target community. They can involve multiple NGOs or deal with educational water-related initiatives.

Malta is one of the world’s most water-scarce regions, with water experts warning that groundwater supplies are severely over-extracted. Much of Malta’s water is derived from energy-hungry processes such as reverse osmosis.

HSBC’s water programme is a collaborative project done in partnership with international NGOs Earthwatch, WaterAid and World Wildlife Fund.

Activists interested in applying for funding can discover more at www.thewaterhub.org.

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