The Crucial Role of Data in Water Markets.

December 18, 2024

Water markets have the potential to increase the efficiency and resilience of water use in the United States, especially in the Southwest. However, accurate and reliable information on water diversion and use is essential to ensuring their effectiveness.

 

A recent report by Berkely Law, “Information Needs for Water Markets: Fair and Effective Water Markets Require Adequate Measurement and Reporting of Diversion and Use,” highlights the critical role of data in supporting fair and effective water markets. Currently, the necessary data to fully understand water availability, usage patterns, and the impacts of water trading is lacking in many states.

 

To address these information gaps, the report recommends several steps, including:

  • Improved Data Collection: Enhancing the accuracy and timeliness of data on water diversions, use, and water rights.
  • Enhanced Data Sharing: Promoting data sharing and collaboration among water users, regulators, and researchers.
  • Increased Investment in Water Monitoring: Investing in modern monitoring technologies to improve data quality and accessibility.

 

Read the full report here.

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shaina

Shaina Shay is an accomplished water professional with over a decade of experience in water policy, management, conservation, and community outreach. Her passion for pragmatic information sharing drives her work across the U.S. and Australia, where she has held roles with investor-owned utilities and as a senior water market specialist. Shaina's commitment to the field is reflected in her leadership positions within the American Water Works Association (AWWA), American Society of Civil Engineers (ASCE), and the Southern Arizona Water Users Association (SAWUA).