Murray-Darling Basin Balanced Water Fund

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Countries:	Australia
Regions:	--
Organization SDGs: Includes Sustainable Development Goals from the organization and its locations.	Increase Access to Water, Sanitation, Hygiene (SDG 6.1 & 6.2) Water Quality (SDG 6.3) Integrated Water Resource Management (SDG 6.5) International Cooperation and Capacity Building (SDG 6.a) Sustainable Production (SDG 12.4) Climate Resilience and Adaptation (SDG 13.1)
Organization Tags: Includes tags from the organization and its locations.	Nature-Based Solutions Water Funds
Services Offered:	No services needed/offered
Org. Type:	Water Fund
Org. Size:	Small (10 - 99 Employees)
Language:	English
Org. Website:	www.nature.org/en-us/about-us/where-we-work/asia-pacific/aus...
Org. Source:	CEO Water Mandate
Profile Completion:	85%
Coalition:	No

Organization Overview

"The Murray-Darling is also one of the most vulnerable river basins on Earth. Decades of engineering, over-allocation and the drying effect of climate change have significantly reduced runoff to rivers, creeks and wetlands within the basin. In a recent assessment of overall ecosystem health, more than 80 percent of the Murray-Darling BasinÕs river valleys were rated as being in poor or very poor health based on assessments of fish, invertebrates and vegetation. The BasinÕs ecosystems are suffering and as a result, many species that depend on the regionÕs natural flooding cycle face extinction. To address these environmental concerns, we established the Murray-Darling Basin Balanced Water Fund to provide water security for farmers, while protecting culturally significant wetlands that support threatened species and ecosystems. The Fund invests in permanent water rights in the Southern Murray-Darling Basin and allocates those rights in a smart way. When water is abundant and agricultural demand is lower, more water will be made available to local wetlands. When water is scarce and agricultural demand is higher, more water will be made available to irrigation. This approach optimises agricultural and environmental outcomes by replicating the natural wetting and drying cycles of the Basin. ItÕs a win-win approach, aligning the interests of people and nature. The Fund is a partnership between The Nature Conservancy, the Murray Darling Wetlands Working Group and Kilter Rural. The Fund provides the following conservation outcomes: Improved waterbird and native fish habitats including breeding habitats Improved health for wetlands, floodplain forests and woodlands Sustainability of plant and fish refuges Increased wetland plant health and growth In addition to environmental outcomes, the restoration of environmental flows will help to conserve sites of important Aboriginal cultural and spiritual value." From TNC https://www.nature.org/en-us/about-us/where-we-work/asia-pacific/australia/stories-in-australia/balancing-water-in-the-murray-darling/

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Leonardo Rodriguez
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Pacific Institute

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Partner Organizations

The Nature Conservancy (Organization)

www.nature.org

The mission of The Nature Conservancy is to conserve the lands and waters on which all life depends. We acheive this through the dedicated efforts of our diverse staff, including more than 550 scientists, located in all 50 U.S. states … Learn More