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Project Title: WETLAND MARKET FEASIBILITY ASSESSMENT OF A NUTRIENT TRADING MARKET

Hide details for Grant InformationGrant Information

Grant ID Number:WS - 00E71101-4
EPA Region:EPA R5AAShip:R05 - Region 5
Division/Office:Water Division, W-15JLab/Office:
CFDA:66.439Media:Water
Grant Program:
Authority:
Recipient Name: The Wetlands Initiative
City:Recipient Type:Not for Profit
State:ILCong District:11
DUNS:844036618
Competition Status:
Award Date:02/12/2014Cum Award:$162,486
Project Start:05/01/2009Project End:06/30/2014
Hide details for Project Title & DescriptionProject Title & Description

WETLAND MARKET FEASIBILITY ASSESSMENT OF A NUTRIENT TRADING MARKET
The Wetlands Initiative (TWI) intends to build on the knowledge of unsuccessful Water Quality (WQ) Trading programs and will develop a framework to create a fully-functional trading market. The framework includes: 1) identification of socio-cultural barriers that commonly create "market friction" and lead to lack of trust among trading partners; 2) models for how to overcome these barriers; 3) regulatory means to create market incentives, including integrating WQ trading into National Pollutant Discharge Elimination System (NPDES) permits; 4) strategies to effectively pool resources and efforts to sell credits; and 5) use of "smart models" to reduce transaction costs. Once developed, this framework could be applicable to other watersheds within the Illinois and Mississippi rivers.



Hide details for Contact InformationContact Information

RoleNamePhone
Project Officer Dertera Collins 312-353-6291
Grant Specialist Kimberly Houston-Williams 312-353-7928

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