Water Marketing Reports and Media

The following include various reports, articles, etc. on the subject of water marketing, water transfers, or other water governance that promote market-based mechanisms regarding Colorado River water, and/or water in the West (the original focus was Arizona, but broadened).

1998 Postel, S., Morrison, J. & Gleick, P. (1998). Allocating fresh water to aquatic ecosystems: the case of the Colorado River Delta. Water International, 23: 119}125. (Gleick and Morrison of Pacific Institute) https://www.academia.edu/902697/Allocating_Fresh_Water_to_Aquatic_Ecosystems_the_Case_of_the_Colorado_River_Delta

1999 Water, water everywhere, waiting for a market | PERC – The Property and Environment Research Center – http://www.perc.org/articles/water-water-everywhere-waiting-market

1999 Cohen Michael, Jason I. Morrison, and Edward P. Glenn. 1999. Haven or Hazard: The Ecology and Future of the Salton Sea. Oakland, CA: Pacific Institute for Studies in Development, Environmental and Security.

1999 Luecke, D., Pitt, J., Congdon, C., Glenn, E., Valdes, C. & Briggs, M. (1999). “A Delta Once More: Restoring Riparian and Wetland Habitat in the Colorado River Delta”. Boulder, CO: Environmental Defense Fund Publications. 51 pp. EDF Sponsors: Compton Foundation, the General Service Foundation, the Charles Stewart Mott Foundation, the Catto Foundation, and the EPA https://www.edf.org/sites/default/files/425_delta.pdf

2000 Pacific Institute for Studies in Environment, Development, and Security (2000). Pacific Institute Comments on the Colorado River Interim Surplus Criteria Draft Environmental Impact Statement. Oakland, CA: Pacific Institute for Studies in Development, Environment, and Security.

2000 Pitt, J., Luecke, D., Cohen, M., Glenn, E. & Valdes-Casillas, C. (2000). Two countries, one river: managing ecosystem conservation in the Colorado River delta. Natural Resources Journal, 40: 819}864.

2001 Two Decades of Water Law and Policy Reform: A Retrospective and Agenda for the Future: Conference Report (Bonnie Colby, Buzz Thompson) http://scholar.law.colorado.edu/cgi/viewcontent.cgi?article=1028&context=books_reports_studies

2001 Immediate Options for Augmenting Water Flows to the Colorado River Delta in Mexico (Michael Clinton Engineering, Packard Foundation, Getches) https://webcache.googleusercontent.com/search?q=cache:O6Ziy4qpxMUJ:https://nrmsecure.dfg.ca.gov/FileHandler.ashx%3FDocumentID%3D8948+&cd=2&hl=en&ct=clnk&gl=us

2002 launch of Sustainable Rivers Project (The Nature Conservancy and Army Corps of Engineers) a partnership to restore and preserve rivers across the country… work together to improve dam management in order to protect the ecological health of rivers and surrounding natural areas while continuing to provide services such as flood control and power generation. Including Bill Williams river, AZ http://www.iwr.usace.army.mil/Portals/70/docs/sustainablerivers/Eco_Flows_for_Bill_Williams-Oct%202005.pdf

2002 Two Nations, One River: Managing Ecosystem Conservation in the Colorado River Delta. Jennifer Pitt (EDF), Pacific Institute, Luecke http://lawschool.unm.edu/nrj/volumes/40/4/04_pitt_delta.pdf https://www.researchgate.net/publication/228202562_Two_Nations_One_River_Managing_Ecosystem_Conservation_in_the_Colorado_River_Delta

2002 Culp and Glennon published paper from this symposium: Last Green Lagoon: How and Why the Bush Administration Should Save the Colorado River Delta, The

2002 “Mapping Conservation Priorities in the Colorado River Delta: A State-of-Knowledge Workshop” Jennifer Pitt, Zamora-Arroyo, Osval Hinojosa, Steve Cornelius (Sonoran Institute) Meredith de la Garza http://eebweb.arizona.edu/Courses/Ecol406R_506R/Colorado%20River%20Delta%20Draft%202002.pdf Sonoran Institute, EDF, Pronatura, WWF

2003 Postel S, Richter B. 2003. Rivers for Life: Managing Water for People and Nature. Washington (DC): Island Press (Nature Conservancy) “ecosystem services”

2003 RFF promoting Chilean-style water marketing and policy www.rff.org/files/sharepoint/WorkImages/Download/RFF-Resources-151-Marketingwater.pdf

2003 Postel S, Richter B. 2003. Rivers for Life: Managing Water for People and Nature. Washington (DC): Island Press (Nature Conservancy) “ecosystem services”

2004 West Water Research/ Washington Water dept on Water Banks http://rydberg.biology.colostate.edu/bz580/readings/7%20-%20Social%20Perspective/Analysis%20of%20Water%20Banks%20in%20West%20US_WestWaterResearch.pdf

2004 Quenching Urban Thirst: Growing Cities and Their Impacts on Freshwater Ecosystems, Nature Conservancy “ecosystem services”

2005 Culp P., S. Cornelius, F. Zamora-Arroyo, and J. Pitt. 2005. A Binational Approach for the Restoration of the Colorado River Delta: Current Opportunities and Challenges to Secure Instream Flows in the United States and Mexico. Sonoran Institute: Tucson, AZ.

2005 Conservation Priorities in the Colorado River Delta Culp P., F. Zamora-Arroyo, Sonoran Institute, National Fish and Wildlife Foundation, George A Binney Conservation Foundation, Compton Foundation, Hewlett Foundation, Packard Foundation

2005 Quantifying the Wealth of Nature, Tim Fitzgerald | PERC – The Property and Environment Research Center – http://www.perc.org/articles/quantifying-wealth-nature

2005 The Return to the River Basin: The Increasing Costs of  “Jurisdictional Externalities” Charles W. (Chuck) Howe

2005 Water Scarcity, Marketing, and Privatization, 83 Texas L. Rev. 1873 Robert Glennon (2005) PERC(?) http://papers.ssrn.com/sol3/papers.cfm?abstract_id=762604

2005 Economic Tradeoffs in Preserving Riparian Habitat. Bonnie Colby, Patricia Orr. http://lawschool.unm.edu/nrj/volumes/45/1/03_colby_economic.pdf

2005 Chambers, Nina and John A. Hall. 2005. “Lessons Learned: Sonoran Desert Ecosystem Initiative.” Tucson, AZ. Sonoran Institute and The Nature Conservancy in Arizona. http://www.denix.osd.mil/nr/upload/Sonoran_Initiative_Lessons_Learned.pdf

2005 The Nature Conservancy, Sonoran Institute, and Audubon Society all supported land swap for Resolution Copper http://tucsoncitizen.com/morgue2/2005/03/22/168554-land-swap-may-activate-copper-mining/

2005 Millennium Ecosystem Assessment completed (referenced by “Environmental Markets”, others

2006 launch of natural capital project (nature conservancy, wwf, stanford university)

2006 “In 2006, American Rivers pronounced the Verde River as the 10th  Most Endangered River in the United States. This was based on the challenges the river is faced with and the diversity of wildlife that rely on the river.” http://franke.nau.edu/images/uploads/fcb/09-03.pdf

2006 Environmental Markets: Opportunities and Risks for Businesses. Business for Social Responsibility (Rio Tinto mentioned many times, Stanford University)  https://www.cbd.int/financial/privatesector/g-privatemarkets.pdf

2007 “Restoring Natural Capital: Science, Business, and Practice”
Tragedy of the commons: “Why We Need Financial Mechanisms for the Restoration of Natural Capital: “There are many reasons why degradation and destruction of natural capital occurs, including the following:

  • Misspecification of property rights: A failure to define and assign property rights over either ecosystems in general (largely a developing-country problem) or particular ecosystem services, which eliminates the private incentive to invest in their restoration and Protection.” www.commonland.com/_doc/RestoringNaturalCapital_25061.pdf

2007 Colby, Bonnie. G., & Jacobs, K. L. (2007). Arizona water policy: Management innovations in an urbanizing, arid region. Washington, DC: Resources for the Future.

2007 Goldman Sachs Expects Big Returns from Going Green https://www.greenbiz.com/news/2007/01/30/goldman-sachs-expects-big-returns-going-green

2007 For Goldman Sachs, Long-Term Greed Means Going Green http://www.ecosystemmarketplace.com/articles/for-goldman-sachs-long-term-greed-means-going-green/

2007 Transferring Water in the American West: 1987 – 2005, 40 Univ. Mich. J.L. Reform 1021 (2007) (Robert Glennon, Jed Brewer, Alan Ker, & Gary Libecap). http://www.issuelab.org/resource/transferring_water_in_the_american_west_1987_2005

2007 Ecosystem Changes and Water Policy Choices: Four Scenarios for the Lower Colorado River Basin to 2050, Sonoran Institute, funded by The Christensen Fund (initial idea). The David and Lucile Packard Foundation, the University of Rhode Island, the Sonoran Institute, and Island Press provided additional support. https://sonoraninstitute.org/files/pdf/ecosystem-changes-and-water-policy-choices-four-scenarios-for-the-lower-colorado-river-basin-to-2050-full-summary-09152007.pdf

2008 COLLABORATION IN MEXICO: RENEWED HOPE FOR THE COLORADO RIVER DELTA – rancisco Zamora-Arroyo,* Osvel Hinojosa-Huerta,**Edith Santiago,*** Emily Brott,****and Peter Culp  https://www.academia.edu/3322814/Collaboration_in_Mexico_renewed_hope_for_the_Colorado_River_delta

2008 Business and Water Summit in the UK, Rio Tinto, Nestle, Intel, Goldman Sachs, Coca Cola, WWF

Colby, B. and R. Bark.  2009.  Inter-sectoral Water Trading as a Climate Change Adaptation Strategy, in Water Resources Planning and Management, chapter 41 (edited by Q. Grafton and K. Hussey).  Cambridge University Press.

2009 Final Report for the Verde River Ecosystem Values Project January 2009 (partially SRP-funded) http://arizonastateparksfoundation.org/docs/Verde_River_Eco_Values.pdf

2009 Finding mutual interest in shared ecosystem services: new approaches to transboundary conservation. López-Hoffman L, RG Varady, P Balvanera. 2009.In Conservation of Shared Environments: Learning from the United States and Mexico; L López-Hoffman, E McGovern, RG Varady, & KW Flessa (eds); pp 137-153. University of Arizona Press, Tucson.

2009 Energizing transboundary conservation – Three easy steps. López-Hoffman L, E McGovern, RG Varady, & KW Flessa. 2009. In Conservation of Shared Environments: Learning from the United States and Mexico, L López-Hoffman, E McGovern, RG Varady, & KW Flessa (eds); pp 299-301. University of Arizona Press, Tucson.

2009 “This document summarizes the five year strategy for the Walton Family Foundation’s Freshwater Initiative.  This strategy was adopted by the Foundation’s Board in July 2009.” http://www.verdevalley.org/Freshwater-Strategy.pdf

2009 Property rights and western United States water markets | PERC – The Property and Environment Research Center – http://www.perc.org/articles/property-rights-and-western-united-states-water-markets

2009  Libecap, G. D. (2009), The tragedy of the commons: property rights and markets as solutions to resource and environmental problems. Australian Journal of Agricultural and Resource Economics, 53: 129–144 http://onlinelibrary.wiley.com/doi/10.1111/j.1467-8489.2007.00425.x/abstract

2010 A Further Analysis of the Verde River Watershed Ecovalues Working Paper Series—10-04 | March 2010 (partially SRP-funded) http://franke.nau.edu/images/uploads/fcb/10-04.pdf

2010 Colorado River Water Bank: Making Water Conservation Profitable | PERC – The Property and Environment Research Center – http://www.perc.org/articles/colorado-river-water-bank-making-water-conservation-profitable

2010 January A Market Solution For Our Water Wars | Hoover Institution – Terry Anderson, Gary D. Libecap http://www.hoover.org/research/market-solution-our-water-wars

March 2011 Clay Landry, Tribal Water Rights:The West’s Last Big Bucket of Water. http://www.americanwaterintel.com/archive/12/3/opinion/tribal-water-rights-wests-last-big-bucket-water.html (broken link?)

Aug 2011 Sharon Megdal: “First is the importance of drivers and what I will call enabling mechanisms. Oregon state law has some innovative provisions relating to leased and transferred water rights.” Walton Family Foundation-funded trip https://wrrc.arizona.edu/awr/f11/director

Aug 2011 A Comparative Assessment of Water Markets: Insights from the Murray-Darling Basin of Australia and the Western US, Gary Libecap… http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1858723

2011 Cornerstones Report: Market-Based Responses to Arizona’s Water Sustainability Challenges, Funded by Walton Family Foundation, Ecosystem Economics, Peter Culp, Tom Buschatzke, Sharon Megdal, Sarah Porter, conservation groups


2011 Policy Options for Water Management in the Verde Valley, Arizona. The Nature Conservancy, David and Lucile Packard Foundation

2011 Bonos de agua, Reunión Regional en Mexicali, CONAGUA http://www.slideshare.net/CICMoficial/bonos-de-agua

2012, April, Restoring Flows: Financing the Next Generation of Water Systems; A Strategy for Coalition Building – American Rivers, Ceres http://www.ceres.org/resources/reports/restoring-flows-financing-the-next-generation-of-water-systems-a-strategy-for-coalition-building

2012 National Fish and Wildlife Foundation Western Water Program http://www.nfwf.org/wwp/Pages/home.aspx

2012 Achieving Water Policy Objectives through Water Pricing: A case study of Arizona’s decentralized approach to water provision, Sharon Megdal, Jorge Lara Alvarez

2012 TEEB for Business Coalition which would become Natural Capital Coalition

2013 Water Resources on State Trust Lands, West Water Research http://www.sonoraninstitute.org/images/stories/2010/WLC/AMRR/water_resources_on_state_trust_lands_by_harry_seely_043013.pdf

2013 Financing Water Reform in the Western United States By John Sabo, Robert Glennon (reference to tragedy of the commons) http://thesolutionsjournal.com/node/23922

2013 Trading Water, Phoenix Magazine http://www.verderiverinstitute.org/TradingWater20130510100435972.pdf

2013 Could Markets Make Our Water Use More Sustainable? | Conservancy Talk http://blog.nature.org/conservancy/2013/09/09/could-markets-make-our-water-use-more-sustainable/

2013 Natural Capital Conference, Nestle, Rio Tinto, TEEB for Business Coalition, https://www.2degreesnetwork.com/groups/2degrees-community/resources/nestle-rbs-and-rio-tinto-board-first-major-conference-economic-value-natural-capital/

2013 The Colorado River Delta: An Invaluable Resource for People and Wildlife: Sonoran Institute https://sonoraninstitute.org/files/pdf/the-colorado-river-delta–an-invaluable-resource-for-people-and-wildlife-022013-english-version.pdf

2014, May: ADWR’s Strategic Vision http://www.azwater.gov/AzDWR/Arizonas_Strategic_Vision/

2014, Central Arizona’s Market for Long-Term Storage Credits, West Water Research http://www.waterexchange.com/central-arizonas-market-for-long-term-storage-credits/

2014 Gaining Depth: State of Watershed Investment 2014. Forest Trends’ Ecosystem Marketplace http://forest-trends.org/publication_details.php?publicationID=4717

2014 The West Needs a Water Market to Fight Drought Robert Glennon, Gary Libecap, Wall Street Journal http://www.wsj.com/articles/robert-glennon-and-gary-libecap-the-west-needs-a-water-market-to-fight-drought-1414106588

October 2014, Shopping for Water: How the Market can Mitigate Water Shortages in the American West. Peter Culp, Robert Glennon, Gary Libecap, Hamilton Project, Stanford Woods, Brookings Institute  http://www.brookings.edu/~/media/research/files/papers/2014/10/20-thp-us-water-policy/market_mitigate_water_shortage_in_west_glennon.pdf

2014 “Getting to the Right Side of the River: Lessons for Binational Cooperation on the Road to Minute 319” King, Johnathan S.; Culp, Peter W.; de la Parra, Carlos (Jonathan S. King also of Squire Patton Boggs is involved with the Colorado Water Trust) http://heinonline.org/HOL/LandingPage?handle=hein.journals/udenwr18&div=6&id=&page=

2014 Nature’s Value in the Colorado River Basin, Earth Economics, Walton Family Foundation
See also: https://www.youtube.com/watch?v=0Wka_UL3yQs

2014 Colorado River Basin’s “Natural Capital” Delivers up to Half a Trillion in Annual Benefits, New Study Says Sarah Postel, National Geographic

May 2015 Moving Forward Effort: Bureau of Reclamation, SRP, Nature Conservancy, Environmental Defense Fund, CH2MHill, Squire, Sanders, Dempsey (Peter Culp) http://www.usbr.gov/lc/region/programs/crbstudy/MovingForward/Phase1Report/Cover.pdf

August 2015 Bankrupt Rivers. Rhett Larson, Kyl Center for Water Policy, ASU (cites Glennon, Clay Landry) http://www.academia.edu/15310085/BANKRUPT_RIVERS

September 2015 Unbundling Water Rights: A Blueprint for Development of Robust Water Allocation Systems in the Western United States. Peter Culp, Disque Deane Jr., Duke Nicholas Institute, Walton Family Foundation, Bechtel Foundation, Rockefeller Foundation

2015, September : Liquid Assets: Investing for Impact in the Colorado River Basin. Peter Culp, Encourage Capital, Walton Family Foundation
http://encouragecapital.com/wp-content/uploads/2015/09/Liquid-Assets-Executive-Summary-Web.pdf  “Bowman, Encourage Capital, and Squire Patton Boggs are now part of a team that is designing deals to pilot four of these investment strategies.” https://woods.stanford.edu/news-events/event/mobilizing-impact-focused-capital-water-sustainability-water-policy-expert%E2%80%99s

2015 Mutual Benefit: Preserving Arizona s Military Mission and the Value of Publicly-Owned Lands: Sonoran Institute (Fort Huachuca) http://docplayer.net/16473883-Mutual-benefit-preserving-arizona-s-military-mission-and-the-value-of-publicly-owned-lands.html

2015 Localities lose right to challenge water transfers | Local | azdailysun.com – http://azdailysun.com/news/local/localities-lose-right-to-challenge-water-transfers/article_18d0e6ae-27da-569a-afef-f1a655c2c1dc.html

2015 http://circulatenews.org/2015/10/coca-cola-nestle-and-dow-commence-natural-capital-testing-protocol/

2015 Investors Are Mining for Water, the Next Hot Commodity – The New York Times http://www.nytimes.com/2015/09/25/business/energy-environment/private-water-projects-lure-investors-preferably-patient-ones.html

2015 Water Asset Management: Hunting Liquid Assets – Barron’s http://www.barrons.com/articles/water-asset-management-hunting-liquid-assets-1429925102

Colby, Bonnie, George Frisvold and Matthew Mealy. 2015. “Reallocating Climate Risks Through Water Trading.”  In: Handbook of Water Economics, James Roumasset (editor).  Springer-Verlag.

2015, Nov: Report of the 107th Arizona Town Hall

2016 A Free-Market Plan to Save the American West From Drought, Abrahm Lustgarten and ProPublica http://www.theatlantic.com/magazine/archive/2016/03/a-plan-to-save-the-american-west-from-drought/426846/ https://www.propublica.org/article/can-wall-street-solve-the-water-crisis-in-the-west

2016, August: Water Share Report Nature Conservancy (mainly Australia) https://global.nature.org/content/water-share-report

2016, March: Presidential Memorandum: Building National Capabilities for Long-Term Drought Resilience “(v) Market-Based Approaches for Infrastructure and Efficiency. Agencies shall support the advancement of innovative investment models and market-based approaches to increase resilience, flexibility, and efficiency of water use and water supply systems.” https://www.whitehouse.gov/the-press-office/2016/03/21/presidential-memorandum-building-national-capabilities-long-term-drought
Action Plan https://www.whitehouse.gov/sites/default/files/docs/drought_resilience_action_plan_2016_final.pdf

2016 Water Funder Initiative Blueprint for Philanthropy – http://waterfunder.org/
Download executive summary (9 pages, 427 kb)
Download full document (40 pages, 853 kb)
S. D. Bechtel, Jr. FoundationWilliam and Flora Hewlett FoundationCynthia and George Mitchell FoundationPisces Foundation, The Rockefeller Foundation, and the Walton Family Foundation. WFI also receives expert guidance from the Energy Foundation, David and Lucile Packard Foundation, and the Water Foundation.See profile on this blog.

2016 Conservation Finance and Impact Investing for U.S. Water | The Nicholas Institute for Environmental Policy Solutions – https://nicholasinstitute.duke.edu/water/publications/conservation-finance-and-impact-investing-us-water Lauren Patterson, Martin Doyle, and Nicole Buckley

Colby, Bonnie.  2016. “Water Trading Innovations: Reducing Agricultural Consumptive Use to Improve Adaptation to Scarcity.” In: Competition for Water Resources: Experiences and Management Approaches in the US and Europe, Jadwiga Ziolkowska and Jeffrey Peterson (editors).

2016 Reclamation Seeks Comments on Draft Criteria for New WaterSMART Water Marketing Funding Opportunity

2016 Bureau of Reclamation Releases Water Markets Report/Water marketing activities within the Bureau of Reclamation