News / Health

Business School Prize Promotes Global Water Strategies

Former US President Bill Clinton, who created the Clinton Global Initiative, a development fund, praises all of the Hult competition finalists for offering practical solutions, and asks how they'll make it a reality, April 28, 2011
Former US President Bill Clinton, who created the Clinton Global Initiative, a development fund, praises all of the Hult competition finalists for offering practical solutions, and asks how they'll make it a reality, April 28, 2011

Multimedia

Peter Fedynsky

About one billion people on earth do not have access to adequate or clean water supplies. More people die each year of water-borne illnesses, such as dysentery and cholera, than are killed in wars. To address this humanitarian and public health crisis, one of New York’s leading business schools conducted an international student competition on ways to bring clean water to some of the world’s most impoverished places.

The Hult International Business School teamed up with Water.org, a non-governmental advocacy group, to challenge the world’s business students to find a way of bringing clean water to 100 million people in the next five years.

Teams from six universities, out of more than 1000 that applied, reached the competition’s final round in New York City. The winning team, Britain’s Cambridge University, noted in its presentation that among those at the very bottom of the global economic pyramid - the world’s poorest populations - cell phones are more common than toilets.

Team member Akanksha Hazari said, "We’re going to tie the ongoing and accelerating behavior of mobile phone usage at the bottom of the pyramid to something communities really care about:  water and sanitation infrastructure."

Hult’s $1-million prize to the Cambridge team should help that effort, as will support from Water.org and the Clinton Global Initiative, a development fund created by former U.S. President Bill Clinton.

Clinton praised all the Hult competition finalists for offering practical solutions. "The most important question of the 21st century," said the former president, "is 'How?'

"The reason we’re having a prize tonight, which is, whatever you propose to do and however you propose to do it, with whatever how much money you have; just exactly how are you going to do it? How are you going to turn your good intentions into real changes?"

Hazari explained. "Well first, we need to set up the infrastructure. And we’re going to do this by leveraging the existing water credit 2.0 platform, where women self-help groups take out water sanitation loans from microfinance institutions. They use these loans to build water and sanitation infrastructure through a local NGO partner."

Hazari says the second part involves partnering with local telecommunication companies by creating so-called "corporate loyalty" programs.  When residents use a cell phone, they earn points with their service provider. Those points translate into cash equivalents that are returned to the community to fund water sanitation projects.

Gary White, founder and executive director of Water.org, told VOA that philanthropy is important to this process, but it’s not enough.

"I think we need new types of capital coming into the space," he said. "There’s never going to be enough charity alone to do this, and charity solutions aren’t always scalable. So if we can leverage more commercial capital in this space that would be a great start."

Hult’s administrators and professors say the winning Cambridge University model shows how engaging the business community to address a serious social problem is a win-win situation. By channeling capital for water projects into poor communities, the telcom companies not only address this urgent human need, but they also expand their customer base and boost their profits.

You May Like

Israelis Quietly Expand Enclave in Palestinian District of Jerusalem

Estimated 500 settlers, armed or protected by paramilitary police, live in Silwan among 50,000 Palestinians More

Video US, Iran Face Similar Challenges in Syrian Fight Against IS

Both Washington, Tehran back fighters battling Islamic State militants in Iraq -- but in Syria they support opposing sides in country’s civil war More

China Boosts Efforts to Help Afghan, Regional Stability

Observers say China’s increased regional involvement are due to concerns that Afghan instability and the presence of anti-China militants in Pakistani border areas could fuel Xinjiang troubles More

This forum has been closed.
Comments
     
There are no comments in this forum. Be first and add one

Featured Videos

Your JavaScript is turned off or you have an old version of Adobe's Flash Player. Get the latest Flash player.
After Decades of Pressure, Luxembourg Drops Bank Secrecy Rulesi
X
October 21, 2014 12:20 AM
European Union finance ministers have reached a breakthrough agreement that will make it more difficult for tax cheats to hide their money. The new legislation, which had been blocked for years by countries with a reputation as tax havens, was approved last week after Luxembourg and Austria agreed to lift their vetoes. But as Mil Arcega reports, it doesn’t mean tax cheats have run out of places to keep their money hidden.
Video

Video After Decades of Pressure, Luxembourg Drops Bank Secrecy Rules

European Union finance ministers have reached a breakthrough agreement that will make it more difficult for tax cheats to hide their money. The new legislation, which had been blocked for years by countries with a reputation as tax havens, was approved last week after Luxembourg and Austria agreed to lift their vetoes. But as Mil Arcega reports, it doesn’t mean tax cheats have run out of places to keep their money hidden.
Video

Video Kobani Refugees Welcome, Turkey Criticizes, US Airdrop

Residents of Kobani in northern Syria have welcomed the airdrop of weapons, ammunition and medicine to Kurdish militia who are resisting the seizure of their city by Islamic State militants. The Turkish government, however, has criticized the operation. VOA’s Scott Bobb reports from southeastern Turkey, across the border from Kobani.
Video

Video China Political Meeting Seeks to Improve Rule of Law

China’s communist leaders will host a top level political meeting this week, called the Fourth Plenum, and for the first time in the party’s history, rule of law will be a key item on the agenda. Analysts and Chinese media reports say the meetings could see the approval of long-awaited measures aimed at giving courts more independence and include steps to enhance an already aggressive and high-reaching anti-corruption drive. VOA’s Bill Ide has more from Beijing.
Video

Video US ‘Death Cafes’ Put Focus on the Finale

In contemporary America, death usually is a topic to be avoided. But the growing “death café” movement encourages people to discuss their fears and desires about their final moments. VOA’s Jerome Socolovsky reports.
Video

Video Ebola Orphanage Opens in Sierra Leone

Sierra Leone's first Ebola orphanage has opened in the Kailahun district. Hundreds of children orphaned since the beginning of the Ebola outbreak face stigma and rejection with nobody to care for them. Adam Bailes reports for VOA about a new interim care center that's aimed at helping the growing number of children affected by Ebola.
Video

Video Young Nairobi Tech Innovator on 'Track' in Security Business

A 24-year-old technology innovator in Nairobi has invented a tracking device that monitors and secures cars. He has also come up with what he claims is the most robust audio-visual surveillance system yet. As Lenny Ruvaga reports from the Kenyan capital, his innovations are offering alternative security solutions.
Video

Video Latinas Converting to Islam for Identity, Structure

Latinos are one of the fastest growing groups in the Muslim religion. According to the Pew Research Center, about 6 percent of American Muslims are Latino. And a little more than half of new converts are female. VOA’s Carolyn Presutti travelled to Miami, Florida -- where two out of every three residents is Hispanic -- to learn more.
Video

Video Exclusive: American Joins Kurds' Anti-IS Fight

The United States and other Western nations have expressed alarm about their citizens joining Islamic State forces in Syria and Iraq. In a rare counterpoint to the phenomenon, an American has taken up arms with the militants' Syrian Kurdish opponents. Elizabeth Arrott has more in this exclusive profile by VOA Kurdish reporter Zana Omer in Ras al Ayn, Syria.
Video

Video South Korea Confronts Violence Within Military Ranks

Every able-bodied South Korean male between 18 and 35 must serve for 21 to 36 months in the country’s armed forces, depending upon the specific branch. For many, service is a rite of passage to manhood. But there are growing concerns that bullying and violence come along with the tradition. Reporter Jason Strother has more from Seoul.
Video

Video North Carolina Emerges as Key Election Battleground

U.S. congressional midterm elections will be held on November 4th and most political analysts give Republicans an excellent chance to win a majority in the U.S. Senate, which Democrats now control. So what are the issues driving voters in this congressional election year? VOA National Correspondent Jim Malone traveled to North Carolina, one of the most politically competitive states in the country, to find out.
Video

Video Comanche People Maintain Pride in Their Heritage

The Comanche (Indian nation) once were called the “Lords of the Plains,” with an empire that included half the land area of current day Texas, large parts of Oklahoma, New Mexico, Kansas and Colorado.The fierceness and battle prowess of these warriors on horseback delayed the settlement of most of West Texas for four decades. VOA’s Greg Flakus reports from Lawton, Oklahoma, that while their warrior days are over, the 15,000 members of the Comanche Nation remain a proud people.
Video

Video Turkey Campus Attacks Raise Islamic Radicalization Fears

Concerns are growing in Turkey of Islamic radicalization at some universities, after clashes between supporters of the jihadist group Islamic State (IS) or ISIS, and those opposed to the extremists. Pro-jihadist literature is on sale openly on the streets of Istanbul. Critics accuse the government of turning a blind eye to radicalism at home, while Kurds accuse the president of supporting IS - a charge strongly denied. Henry Ridgwell reports from London.

All About America

AppleAndroid