WestWater Research Releases New Report
Published on by Water Network Research, Official research team of The Water Network in Business
Findings in a Recent Report Released by WestWater Research Revealed that Environmental Water Market Activity Has Shown Significant Growth Over the Last 10 Years
According to a recent report released by WestWater Research, environmentalwater market activity has shown significant growth over the last ten years.
The newest report indicatestotal expenditures on water acquired to protect streamflows across the western United States haveexceeded more than $560 million.
These transactions have been critical for restoring stream flows forendangered fish species and improving water quality.
Over the last decade, federal and state agencies as well as a growing number of private organizationshave become a major part of overall trading activity.
The recent report by WestWater estimates thatenvironmental transactions accounted for 40% of total volume traded from 2003-2012.
Thesetransactions have had a significant impact on stream flows. In 2012, environmental transactions addednearly 1.3 million acre feet of additional flows to streams across the western United States..
The current Water Market Insider publication highlights the unique aspects of the environmental watermarket including regional differences, and reports market trends impacting both price and tradingvolume.
Read The full report HERE
Source: Water Tech Online
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