Stanford Report: New Stanford software helps identify cost-effective ways to invest in clean water
... The Nature Conservancy and the World Wildlife Fund. The project is aimed at aligning economic forces with conservation.
"Freshwater is one of the planet's most scarce resources. Demand for it is growing, and climate change threatens its supply. It's a serious problem.
But a new free software tool, the Resource Investment Optimization System (RIOS), developed by researchers from the Natural Capital Project at the Stanford Woods Institute for the Environment, could be part of the solution.
"Using the RIOS approach in Colombia has dramatically improved the return on investment over previous approaches to watershed investment. For example, if a water fund manager has $10,000 to spend on improving a stream's water quality, the RIOS software can help determine the most effective investment, whether it's paying farmers to avoid cultivation near the stream, stemming deforestation or building fences to keep animals away."