October 26, 2020
Webinar October 28: Water Markets, SGMA & California’s First Open-Source Water Accounting and Trading Platform
Join us on October 28th to learn how innovative California water agencies are tackling the Sustainable Groundwater Management Act (SGMA) and implementing new tools that allow groundwater users to track, use, and trade their water supplies.
In 2014, California passed the landmark Sustainable Groundwater Management Act (SMGA), requiring 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.
Rosedale-Rio Bravo Water Storage District (Rosedale), in collaboration with Environmental Defense Fund and WestWater Research, has co-developed the first open-source water accounting and trading platform in the Central Valley.
This team of experts worked directly with local landowners, integrating critical feedback to develop this tool for meeting SGMA requirements in a way that balances user privacy and more significant water management needs.
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.