Lima made headlines this year when it announced it was restoring pre-Incan canals high in the Andes to address its water shortage. That, however, is just one small part of a nationwide shift towards “green infrastructure” that blends the natural ecosystem of the high Andes with man-made technologies old and new. To make it happen, the country first had to change the way it pays for clean water.
The global water crisis will hit everyone from brewers to bakers hard, but it’s still the rare company that steps up to conserve watersheds. Several participants at a World Water Week event last week highlighted the need to entice private actors into partnerships with public entities by spreading both awareness and risk.
Everything water is on everyone's mind as this week is World Water Week in Stockholm. There, participants, including Ecosystem Marketplace publisher Forest Trends, explored several water-related issues including water valuation and its impact on resource management. Outside of Stockholm, institutional investors insist giant food producers disclose their water risks.
World Water Week opened this week on August 23 which means sustainable water management is on a lot of minds and on Monday, several attendees attempted to pinpoint the true value of water. They found that valuation of water is on the rise as multiple sectors, including the financial, are seeking to understand its role and risks better.
By their very nature, fish are slippery and elusive – as are their habitats. That’s why payments for ecosystems services programs are so rare in fisheries management. But in Bangladesh, where fish and fishing are embedded in the national identity, the government has crafted a program that compensates fishers for conservation.
Six years ago, southern Ecuador’s Regional Water Fund (FORAGUA) began to pool the resources of several municipalities to ensure safe and steady water supplies through sustainable watershed management. In so doing, they created a template for other small cities across the Andes, but that doesn’t mean the work is easy – as Nature and Culture International found when it spearheaded the effort. Here’s what they learned.
Critics like to portray environmental regulation as a job killer, but the restoration economy now provides more jobs than mining, logging, or steel production – all while actually fixing the environment instead of destroying it – according to a new study.
Microfinance has helped millions of farmers emerge from poverty, while environmental finance has helped hundreds of thousands shift to more sustainable land-use practices. Now a Kenyan start-up has developed a credit system that delivers a bit of both worlds by embedding conservation into loan requirements for smallholder farmers.
This month, Ecosystem Marketplace publisher Forest Trends launched an interactive map and database tracking and categorizing over 2,000 payments for ecosystem services in Brazil called the Brazilian Matrix of Ecosystem Services. In other news, a diverse national water quality trading network released a program-building guide.
Parties with an interest in regulations falling under the Clean Water Act are still sorting out the implications of the recently finalized Clean Water Rule. Meanwhile, green infrastructure scored several victories this month as New York City, Detroit and Xiamen contemplate using the practice to manage stormwater overflows.
The US Environmental Protection Agency and the US Army Corps of Engineers finalized their Clean Water Rule on Wednesday. First impressions of the rule meant to protect US waterways from various sources of pollution through clearer definitions of which wetlands and streams are covered under the Clean Water Act are mixed.
Nicolas Pascal, of the BlueFinance project, a data collection initiative aimed at developing finance mechanisms for marine conservation management, says market mechanisms have potential to fill a big part of a funding gap that exists in marine conservation. But its practical experience in coastal environments is limited and so more know-how is needed to spur private investment.
Watershed Connect is an information platform to help scale up practice and policy that maximizes the economic and ecological benefits of healthy watersheds - from ridges to reefs.