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From the Editors

Greetings!

In the past two years or so, many well-known companies such as Coca-Cola, IKEA and Keurig made commitments of water neutrality or replenishment, essentially pledging to use water more sustainably.

“Target setting is critical because everyone needs a North Star,” Nelson Switzer, Chief Sustainability Officer of Nestlé Waters North America, said in an earlier article.

But what constitutes a credible and meaningful corporate water target? Water is a complex and local issue, and companies must consider the health, stakeholders and risks of the watersheds in which they operate, says a group of water experts. This group, which comprises of WWF, CDP, the UN Global Compact CEO Water Mandate, Nature Conservancy and World Resources Institute published a new discussion paper encouraging companies to adopt context-based water goals that push companies to think outside their facilities.

As companies explored more meaningful water targets, an international mining organization provided details on its commitment to water stewardship. Payments for ecosystem services practitioners from around the world gathered at Duke University for a symposium, and a water policy analyst sees potential for private investment in Colorado River conservation.    

Finally, interested in the ecological restoration industry? Ecosystem Marketplace takes a look inside through a stream restoration company in Texas. 

Happy reading,

-The Ecosystem Marketplace team

 
   

LATEST NEWS

Sustainable Livelihoods Are A Tough Nut To Crack In Guatemala’s Forests. Can The Maya Nut Help?

Guatemalan forest communities living within Central America’s most intact rainforest are on a journey to become sustainable and self-reliant, and they’re relying on the Maya nut, long treated as a staple food across Latin America and even beyond, to help them achieve both.

Keep reading at Ecosystem Marketplace.

Here Are The Eight New Projects The Green Climate Fund Is Supporting

The Green Climate Fund (GCF) on Thursday agreed to support eight projects after its first board meeting of 2017. The projects are valued at $755 million, and most are focused on hydropower and renewable energy, with one – in Tanzania – focused on sustainable land management.

Get details.

When Your Day Job Is Restoring Streams And Saving Species

More than 220,000 Americans work in the $25 billion Restoration Economy, but few outside the sector understand how it works. Here’s how one Texas rancher tapped environmental finance to pay off debt from the expansion of his ranch and revive a degraded river that runs through it.

Ecosystem Marketplace has the story.

HERE’S THE DEAL

Priming the Colorado River for Profitable Conservation

As investments in conservation gain traction, longtime water policy analyst Timothy Male sees potential for private finance in Colorado River conservation. In order for this to happen, however, the region must become friendlier to such investments, and that involves help from the public sector and ecosystem valuation standards.

Read the whole story at Morning Consult.

Giving Rivers Room to Breathe

Cutting rivers off from their floodplains is harmful and crowding them with levees only exacerbates floods. For these reasons, among others, American Rivers is advocating for greater use of natural infrastructure to manage floodwaters, which will deliver multiple co-benefits and boost resiliency for built water structures.

Read more.

Preparing for the Flood

The historic downpour Peru experienced last month led to questions over how well the region is prepared to manage natural disasters. For some practitioners, Peru's disaster was another call to look beyond dams and dikes to wetlands and grasslands when managing for water supply and disasters.

Reuters hears from several experts.

A Miner’s Guide to Water Stewardship

Local relationships are critical to sharing water resources, which basically means collaboration is key, says Haley Zipp, Manager at the International Council on Mining and Metals. In a recent interview, Zipp discusses change in the industry and what to expect from the group's recent water stewardship commitment.

Mining Technology has the interview.

Setting a High Standard

Developers are increasingly using the Alliance for Water Stewardship's voluntary standard that’s meant to promote sustainable water use at sites as firms experience growing water-related risks and costs. In a Facility Executive article, authors break down the holistic standard in detail. 

Facility Executive has the whole story.

POLICY WATCH

Nature to Help Ground Zero Fight Climate Change Impacts  

The city of West Palm Beach, Florida is wrapping up its Stormwater Master Plan this month. Some lawmakers and practitioners consider the city a "Ground Zero" for climate change impacts, and the plan incorporates green interventions to help combat rising seas and extreme weather.

Get details at the Florida New Times.

New York Funnels Some Green into Green Infrastructure Projects

New York lawmakers passed a budget bill earlier this month and allocated $2.5 million for water infrastructure. Of that, they set aside $50 million for green infrastructure investments, which its supporters say boosts water quality while beautifying neighborhoods.

Read more at the Natural Resources Defense Council.

NEW RESEARCH

Clearing the Hurdles on Nature-Based Solutions

Permitting, project design and scaling up on private lands are among the biggest barriers to implementing nature-based interventions in coastal communities, according to new research. Report authors offer guidance on avoiding or dealing with these pitfalls so coastal land managers can successfully leverage nature for storm management.

Phys.org has more

Companies Setting Water Targets: Consider the Context

A pact of water leaders from the NGO space, which includes World Resources Institute, CDP and WWF, argue current methods to determine corporate water targets are inadequate. The group says companies must set context-based water targets, and made their case in a discussion paper published this month.

Go right to the discussion paper, or read coverage at Eco-Business

The Secret Life of Trees  

I-Tree and Treepedia are two projects in a wave of online initiatives mapping urban greenery as part of cities’ efforts to better understand and ultimately save their tree canopy cover. While these mapping platforms don’t yet encompass a city’s green space completely, they do spread awareness on ecosystem services and help make the case for green infrastructure.

Read more at the Guardian.

   
   

ABOUT FOREST TRENDS' ECOSYSTEM MARKETPLACE

Ecosystem Marketplace is an initiative of Forest Trends, a tax-exempt corporation under Section 501(c)3. This newsletter and other dimensions of our market tracking programs are funded by a series of international development agencies, philanthropic foundations, and private sector organizations. For more information on donating to Ecosystem Marketplace, please contact info@ecosystemmarketplace.com.

 
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