In collaboration with the US-based Electric Power Research Institute (EPRI), First Climate introduces The Ohio River Basin Water Quality Trading Project – an innovative program that enables corporations to reduce their US water footprint and reach their sustainability goals. First Climate is the exclusive supplier of water credits of this award-winning program.

The Water Quality Credits Trading Program is an innovative market-based approach to reducing water pollution from excess nutrients such as nitrogen and phosphorous from agricultural systems. The project works closely with smallholder farmers and adopts the idea of emission trading systems: Implementing water protection measures allows farmers to generate water quality credits. Selling generated credits to corporations compensates farmers for their efforts, thus creating strong incentives for further voluntary action.

“As more companies seek a broader set of tools to meet sustainability goals, offering water quality and greenhouse gas credits from one portfolio will meet this growing demand.”

Jacob Bourgeois, Senior Consultant First Climate

The program is the world’s largest water quality trading project and acts as a model for how water quality trading can be an efficient way to protect water and ecosystems. “To date the project has generated 100,000 verified water quality credits from agricultural conservation practices on farms in the Ohio River basin,” said Jessica Fox, EPRI senior technical executive and leader of the water quality trading project. “We are very pleased to collaborate with First Climate as an internationally renowned provider of sustainable water management services.”

EPRI will present more information about its engagement with First Climate during a webcast on Friday, June 14, 2019 from 2:00 PM – 3:00 PM eastern.

Register here

About EPRI

The Electric Power Research Institute, Inc. (EPRI, www.epri.com) conducts research and development relating to the generation, delivery and use of electricity for the benefit of the public. An independent, nonprofit organization, EPRI brings together its scientists and engineers as well as experts from academia and industry to help address challenges in electricity, including reliability, efficiency, affordability, health, safety and the environment. EPRI members represent 90% of the electricity generated and delivered in the United States with international participation extending to 40 countries. EPRI’s principal offices and laboratories are located in Palo Alto, Calif.; Charlotte, N.C.; Knoxville, Tenn.; Dallas, Texas; Lenox, Mass.; and Washington, D.C.

 

What is a water quality credit

A water quality credit is a quantified and verified representation of a reduction of a pollutant within a water system. One credit is equal to one pound of total nitrogen (TN) or one pound of total phosphorus (TP) that, through voluntary action, is prevented from discharging into water. Each credit is associated with a specific vintage year. For buyers interested in a more generalized water quality credit that is not specific to nitrogen or phosphorous, credits can be purchased as a “bundle” of benefits. Those include nitrogen and phosphorous reductions, as well as any associated ancillary (qualitative) ecosystem benefits such as the protection of pollinators and rare species, greenhouse gas reductions, and animal health.

Based on availability, credits can be purchased from specific counties within the Ohio River Basin.