Study Examines Financial Risks of Water Resilience Planning in California

Partnerships between water utilities, irrigation districts and other stakeholders in California will play a critical role in funding new infrastructure under the Water Resilience Portfolio Initiative announced in 2020 by Gov. Gavin Newsom, but a new study warns that benefits might not be evenly distributed without proper structure to the agreements.

California’s initiative is a multi-billion dollar effort that encourages different water utilities and irrigation districts to work together to build shared infrastructure to ameliorate the effects of droughts, but a number of questions remain regarding how best to structure these agreements.