Natural capital accounting receives another boost as a UK water utility becomes the first of its kind to develop an environmental profit & loss account. Payments for ecosystem services (PES) received a boost as well with passage of Peru's PES law that establishes a framework for compensation between providers and beneficiaries.
In order to solve global freshwater scarcity challenges while providing enough food and energy for a growing population, the linkages between water, energy and food security must be fully understood. Here’s a look at how our demands for energy, food and water all drive each other, and how we can prevent them from driving in the wrong direction.
Six years in the making, Peru's new Ecosystem Services Law passed on Thursday, providing a comprehensive legal framework for the sticky issue of payments for ecosystem services (PES). It is one of the most advanced pieces of legislation of its type, but had been stuck in committee for five years. Here is the latest from Lima.
Businesses embrace the water energy nexus with innovative water-saving techniques and energy efficient measures. D.C. based non-profit, the Chamber of Commerce Foundation, highlighted companies' success stories in a recent report and event that took place in May. In other news, H&M's water stewardship efforts in China face new challenges and the US West continues to practice water cooperation.
Global demand for both water and energy is spiraling upward, with long-term implications for food security. Several private-sector initiatives have emerged to promote more coordination of energy and water issues, and this week the US Chamber of Commerce Foundation will offer insight into what works and what doesn’t.
Two annual meetings take place this week and Ecosystem Marketplace will be on hand to cover them both. Meanwhile, EM's 2014 water survey wrapped up last week and water cooperation received a boost with Nestle and General Mills signing on to the International Water Stewardship Standard.
Peruvians have spent the last six years developing a comprehensive legal framework for the sticky issue of payments for ecosystem services (PES). The current bill is one of the most advanced pieces of legislation of its type, but it’s been stuck in committee for five years, and will remain so as the 20th Katoomba Meeting kicks off next week in Lima.
Between now and August, we’ll be examining the economic benefits of coral reefs and financing mechanisms designed to help preserve them. Here’s a look at the other side of that equation: what it costs to maintain them, and the challenge of meeting that cost through conventional means.
Ecosystem Marketplace is gearing up for the 2014 State of Watershed Payments report. The report will cover the water energy food nexus and watershed investments among other topics. Meanwhile, EM is also preparing for Katoomba XX in Lima Peru where discussions will focus on aligning climate policy with other commitments that support resilient ecosystems and societies.
In 2008, the Australian government launched an initiative, Reef Rescue, aimed at protecting and restoring the environment. Last year, Amanda Cornwall, a legal and policy consultant, discussed the program advising that it needs to focus in on assisting farmers in improving water quality. That means learning from other successful schemes, she says.
The Ohio River Basin Trading Project is the world's first interstate water quality trading program and on March 11, the Electric Power Research Institute, which created the initiative, will host an event to showcase the project's first water nutrient credits.
Ecosystem Marketplace is taking an up-close look at the landscapes approach to nature and conservation starting with two Katoomba Meetings this spring, which will help prompt cross-sector collaboration. Meanwhile, EM monitors landscapes thinking activities in Yorkshire, England and the US.
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.