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Fact Sheet

California’s Water Market

By Ellen Hanak, Gokce Sencan, Andrew Ayres

Water marketing is an important tool for managing drought and water scarcity in California. Reforms could help strengthen the market.

Report

Improving California’s Water Market

By Andrew Ayres, Ellen Hanak, Brian Gray, Gokce Sencan ...

Water trading and banking will prove important tools to help California bring its groundwater basins into balance under the Sustainable Groundwater Management Act (SGMA). A broad range of policy changes could help improve and expand California’s water market while protecting communities from harm.

blog post

New Opportunities for Trading Surface Water in the Sacramento Valley under SGMA

By Alex Ehrens, Joy Collins, Andrew Ayres

Successful groundwater stewardship under the Sustainable Groundwater Management Act (SGMA) demands good information—not only about groundwater conditions, but also about surface water availability. We produced a new dataset of how access to this vital resource varies across irrigated farmland in the Sacramento Valley and the Delta, so it’s now possible to assess surface water conditions across the entire Central Valley.

blog post

Commentary: Water Markets Can Reduce the Costs of Drought

By Ellen Hanak

California’s warming climate is making droughts more intense, complicating water management. A new water futures market provides a tool to insure against price shocks arising from drought-fueled shortages.

Policy Brief

Policy Brief: The Future of Agriculture in the San Joaquin Valley

By Alvar Escriva-Bou, Ellen Hanak, Spencer Cole, Josué Medellín-Azuara

Agriculture is a key driver of the regional economy in the San Joaquin Valley, but water for irrigation is an ongoing—and growing—concern. Our latest research offers the most accurate, nuanced, and localized look at where fallowing may need to occur—and details the policy and management actions that could lead to better outcomes.

Report

Managing Water and Farmland Transitions in the San Joaquin Valley

By Ellen Hanak, Andrew Ayres, Caitlin Peterson, Alvar Escriva-Bou ...

How can the San Joaquin Valley adapt to a future with less water? We’ve been researching this issue for the past seven years, and our new report presents highlights from we’ve learned, including a robust list of policy suggestions to help the valley weather—and make the most of—the coming changes.

blog post

Video: Improving California’s Water Market

By Sarah Bardeen

Water trading and banking are important tools that can help California bring its groundwater basins into balance, but the expansion of the state’s water market still faces some bottlenecks, including aging infrastructure and complex regulations. Watch a panel of experts discuss what can be done.

blog post

State Water Market Needs Reform

By Ellen Hanak, Jelena Jezdimirovic

Water trading is an important tool for managing water scarcity. But as the latest drought has shown, California’s process for approving water trades is flawed. Reforms could help manage future droughts.

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