Wal-Mart contribution to launch Colorado River restoration initiative
Posted by: Aqua Blog Maven on November 19, 2008 at 6:23 amFrom Market Watch, this press release from Wal-Mart:
The Texas Parks & Wildlife Foundation announced today a $250,000 donation from Wal-Mart Foundation to provide catalytic funding for a new watershed restoration initiative. Through this Water for Texas initiative, Wal-Mart hopes to help off-set its own water footprint in Texas, help restore native habitats resulting in healthier, more abundant wildlife and fish populations and help provide more and better water for the citizens of Texas.
“By itself, this grant from Wal-Mart Foundation is significant,” said Will Beecherl, Chairman of the TPW Foundation’s Board of Directors. “Not only is this the first time private funding has made such a watershed initiative possible in Texas, it is also a statement and commitment by a major corporation to help protect the unique natural resources of Texas. It will enable the leveraging of other contributions, recruit many partners and multiply the conservation impact to reach heretofore unattainable goals. With the help of other stakeholders, this will easily be a million-dollar plus project every year.”
It is hoped this program will be on-going and will eventually help restore several key watersheds, but it will begin in 2009 on the Colorado River. To accomplish restoration throughout the basin, the TPW Foundation and Wal-Mart Foundation will work with multiple partners, including the Texas Parks & Wildlife Department, the Lower Colorado River Authority (LCRA), the Upper Colorado River Authority (UCRA), the Colorado River Municipal Water District (CRMWD) and the Texas Organization of Wildlife Management Associations (TOWMA).
Read more from Market Watch by clicking here.
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