Water Markets, SGMA & California’s First Open-Source Water Accounting and Trading Platform

October 28, 2020 @ 12:00 pm – 1:30 pm

Join us Oct. 28 to learn about California’s water market and a new innovative tool to help California water agencies address the landmark Sustainable Groundwater Management Act (SGMA) by enabling groundwater users to track, use and trade their water supplies.

SMGA requires local agencies to balance groundwater supply and demand by 2040 and 2042. Achieving sustainability is paramount for creating a more resilient water system and ensuring farms, families, and the environment enjoy stable groundwater supplies for generations to come. While California’s water market has historically played a major role in distributing available supplies, SGMA presents a new opportunity for innovative and democratized water management.

Rosedale-Rio Bravo Water Storage District (Rosedale), in collaboration with Environmental Defense Fund, Sitka Technology Group, and WestWater Research, has co-developed the first open-source water accounting and trading platform in the Central Valley. The team worked directly with local landowners to ensure the tool will help meet the requirements of SGMA in a way that balances the needs of water users and managers.

As California transitions into a new era of groundwater management, this platform will help Rosedale’s stakeholders — and others who would like to adopt the open-source tool — to sustainably manage their precious groundwater resources.

We look forward to having you join us for a vibrant discussion around California’s water market, the implementation of SGMA, the Rosedale Water Accounting and Trading Platform, and the next era of local water supply management.

Click here to register.