Texas Water Trade will support the growth of conservation practitioners pursuing and executing environmental water transactions to protect the health of Texas's rivers, bays and estuaries during future drought. The work will focus on using Texas's considerable science on environmental water needs and an assessment of current and future environmental flows shortages to identify priority basins and bays for transaction development, action plans for securing flows in those priority geographies and 10-year targets for flows protection/restoration in those priority geographies to be achieved through market means. With that blueprint, Texas Water Trade will recruit, train and empower conservation groups in priority geographies to execute transactions to meet flows needs, and provide funding for qualifying transactions to demonstrate the efficacy of water transactions in achieving conservation objectives.
NFWF Grant Profile
Conservation Program(s):
Gulf Coast Conservation Grants Program
Project Title: Scaling the Texas Environmental Water Market
Organization:
Texas Water Trade
Project ID:
6001.18.063455
Description:
Award Amount:
$500000.00
Location:
The work will focus on priority river basins, bays and estuaries to be defined based upon a thorough review of existing science on environmental flow needs, current and projected flow shortfalls and feasibility of market transactions over a 10 year period making an ecologically relevant impact.