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Archie believes that the source of life is water; and that is a fact: all life spawns from water. Now, with that said, Archie is a noble man of humanitarianism, one who wishes to see the evolution of the world as a whole. What better way to do that than create more life spawning water so that the innate potential of all life blossoms to the next level.
People often think Archie is just another villain in the same league as Ghetsis (Scum), Cyrus (Lunatic), Giovanni (Evil) and Maxie (Foolish), but in reality, he is an honest man with noble ambitions and an astute, observatory mind. He is unlike any other.
Hope this clears things up.