Harnessing a Voluntary Market to Restore Flow to Dewatered Rivers and Streams
HARNESSING A VOLUNTARY MARKET TO RESTORE FLOW TO DEWATERED RIVERS AND STREAMS
Global Water Forum Discussion Paper 1230, August 2012
By Todd Reeve, CEO, Bonneville Environmental Foundation
This article examines a water restoration certificate scheme that aims to restore flows to dewatered rivers and streams through a voluntary offset market. The author argues that the scheme can provide a stable funding source to secure environmental flows, develop market signals demonstrating the economic value of environmental water, educate the public and encourage policy reform.