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Why Water Benefit Certificates Represent the Future of Development

Mitigating the world’s water crisis and reversing climate change may seem daunting. But there are small steps we can take that have a massive impact.

Your Carbon Footprint

It is generally understood that not everyone can travel around the world in a sailboat. Most of us use airplanes, trains and cars to get from point A to point B. In an effort to balance out their carbon footprint, people and companies invest in environmental projects around the world. The investment is known as a carbon offset.

Some people and organizations use carbon offsets to balance their entire carbon footprint while others use them to neutralize the impact of a singular activity such as taking a flight. The offset allows them to invest funds into projects involved in clean energy technology or direct CO2 absorption from planting trees.

A Different Direction

The World Economic Forum repeatedly names water as the single biggest risk the world faces and a growing source of conflict. This is due to increasing temperatures and changing weather patterns that directly impact the livelihood of millions around the world.

People and companies can offset their carbon footprint and contribute to the United Nation’s Sustainable Development Goals by investing in Water Benefit Certificates. A Water Benefit Certificate (WBC) finances water projects that sustainably supply, purify or conserve water in areas of crisis. A WBC is valued by different volumes of water for different project types such as Water Access Sanitation and Hygiene (WASH), agricultural interventions or wastewater treatment.

When you invest in a WBC, you can claim a contribution to Sustainable Development Goal 6 directly impacting available and sustainable water and sanitation for all monitored by the Gold Standard. The Gold Standard sets the standard for climate and development interventions to quantify, certify and maximize impact. This gives you the assurance that your contribution goes directly to where it is needed most.

Why Water?

Roughly 1 in 10 people on Earth live without basic access to clean water. By investing in a Water Benefit Certificate, you help increase an organization’s scale and scope. You provide a regular stream of funding to support a project’s operation and expansion. A WBC means safe drinking water for an entire village. It means a place to wash hands and bathe. It means a garden to feed a community. It means a safe sanitation facility. It means transformation.

If you’re curious about balancing your impact through Water Benefit Certificates and want to know more, The Gold Standard can walk you through the next steps to take.

This article was written by Katy Thompson for the Page Family Foundation.

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