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Global CEO’s urge Rio+20 leaders to make water security a top priority

June 19th 2012

It’s not very often that you here about 45 of the world’s most powerful CEO’s coming together to call on governments to make water security to be a top priority at an environmental summit. This is set to be one of the key topics at the Rio+20 environmental summit, which begins tomorrow in Rio de Janeiro, Brazil.

Global organisations including Coca Cola, Nestle, Glaxo SmithKline, Merck and Bayer have signed a special communiqué on sustainable development. The objective is to emphasise the urgency of the global water crisis; calling on governments to step up their efforts and to work more actively with the private sector, civil society along with other stakeholders to address this issue. One of the key points is to establish a “fair and appropriate price” of water for agriculture, industry, and people.

“This is a powerful statement by business leaders to governments everywhere – make water sustainability a priority,” said Gavin Power, deputy director of the UN Global Compact and head of the CEO Water Mandate.