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Tuesday, October 21, 2014 4:14:56 PM
About the Water Benefit Standard
The Water Benefit Standard is designed to drive urgently needed finance to water projects worldwide. It provides the first globally consistent framework that defines best practice governance for water projects and certifies their positive environmental and socio-economic impacts.
Certified projects that demonstrate beyond ‘business as usual’ operations can also receive Water Benefit Certificates (WBCs), which represent a specific volume of water that has been sustainably supplied, purified or conserved. These certificates are then sold to corporates or public institutions with an interest in good water management, providing an annual revenue stream to sustain the project activity year after year.
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