Water Benefit Partners (WBP) is a Public Private Partnership (PPP) initiated by First Climate Markets AG and the Gold Standard Foundation and funded by the Swiss Development Cooperation (SDC) that developed the Water Benefit Standard (WBS). The WBS is an innovative results-based financing mechanism to support additional water projects in regions particularly affected by water related problems based on the issuance and sale of Water Benefit Certificates (WBCs).
The PPP brings together blue chip corporates, technical experts and NGOs to achieve a broad consensus among all relevant stakeholders.
First Climate Markets AG acts as the project manager and coordinates all partners and working groups of the PPP. Each technical partner has been selected due to its leading role in the relevant sector and is responsible for one or more components of the WBS. A sounding board has been set up to hear critical voices and address contentious issues at an early stage and throughout the development process.
For more information visit: http://www.goldstandard.org/water
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