Creating markets for water resiliency and flow restoration transactions
Texas has a favorable regulatory environment that allows water rights holders to be compensated for trading and reallocating their water rights to help meet changing water needs. Yet, these kinds of water market transactions are relatively rare in Texas.
We intend to build and support a marketplace of entities capable of pursuing voluntary water transactions that can bolster environmental flows and water supply needs.
We will educate and motivate key market players – including water utilities, groundwater conservation districts, businesses and other key stakeholders – about the benefits of using water transactions as a tool for protecting water resources. We will work with partners to identify funding sources and priority basins where projects are most needed.
We will also help initiate ‘first move’ projects, including instream flow restoration transactions, corporate water offsets and onsite water reuse infrastructure.