The Policy & Practice of Climate Change & Water
22/05/18 Filed in: Guest Blog
This article was written by Todd Gartner, Manager of WRI's Natural Infrastructure for Water, and John Matthews, AGWA's Coordinator.
East Africa’s Kariba Dam is almost empty due to diminishing rains. In Brazil, Sao Paulo’s reservoirs were reduced to dried mud three years ago, and experts say the city is heading toward another dry spell. Catastrophic floods recently wreaked havoc in southern England, Texas and Bangkok.
These are not simply one-off events; they represent systemic failures in water infrastructure development — failures that are increasing in frequency and severity as Earth’s climate shifts.
A new financial mechanism—“green bonds” that pay for using ecosystems as “natural infrastructure” for clean, ample water—can help.
To find out more about the Water Infrastructure Criteria of the Climate Bonds Standard, read the Joint Press Release in the AGWA Blog or visit CBI's website. From there you can download the Standard and other helpful documents. Read More...