Water is essential to the semiconductor manufacturing process. We use ultrapure water to remove impurities from our silicon wafers, and we use industrial and reclaimed water to run our manufacturing facility systems. Over the last two decades, our sustainable water management efforts and partnerships have enabled us to conserve billions of gallons of water and return approximately 80% of our water back to our communities. Now, we are broadening our focus to restore 100% of our global water use.
By funding collaborative projects to support local watersheds, we will restore water in quantities equivalent to the water we consume, closing the gap in our water balance. These projects—whether agriculture-centered, conservation-focused, or in-stream flow protection—aim to address local water issues and support the well-being of our communities, economy, and the environment. To date, the projects we have funded will restore an estimated 1.8 billion gallons per year (BGY) of water once complete. Of these, 11 projects were complete by end of 2019 and restored approximately 1 BGY in 2018 and 2019 combined. As our future water consumption may change, we will evaluate and adjust our volumetric target annually.
Intel is committed to restoring water in the watersheds and communities where we operate and consume water. Our goal is based on funding a portfolio of projects that will restore an equivalent amount of water to what we consume, while addressing water challenges specific to that watershed or community. To date, we have funded 24 water restoration projects benefiting watersheds in Arizona, California, New Mexico, and Oregon in the U.S., and in Bangalore, India.