World Wide
Colombian Town Defies Coca-Cola Femsa Over Water Rights
AI Summary
A Colombian town, La Calera, has successfully campaigned against Coca-Cola Femsa's water extraction practices, leading to a significant reduction in the company's water concession.
The Lead
In a significant victory for environmental activism, the town of La Calera in Colombia has successfully challenged the water extraction practices of Coca-Cola Femsa, leading to a substantial reduction in the company's water concession.The Event Details
La Calera, a town near Bogotá, faced severe drought and water rationing due to a particularly extreme El Niño weather pattern that depleted the Chingaza reservoir system to 15% of its capacity. Amidst this crisis, residents discovered that Indega, a subsidiary of Coca-Cola Femsa, was extracting thousands of liters of water daily for its Agua Manantial spring water brand. The company's water usage was especially contentious given that it paid only 120 pesos per cubic meter, while local households were charged between 697 and 3,720 pesos.The Data Analysis
The stark contrast in water pricing between Coca-Cola Femsa's subsidiary and local households fueled outrage. For instance:- Coca-Cola Femsa's Indega paid 120 pesos per cubic meter of water.
- Households in La Calera were charged between 697 and 3,720 pesos per cubic meter.