World Waternet and Water Footprint Implementation unite to drive Water Footprint Compensation Initiative

Sustainable water management 

The initiative aims to mobilise private capital towards water restoration projects, advancing sustainable water management at scale. “We are proud to partner with WFI on this innovative initiative,” said Frank Tibben, CIO of World Waternet. “By linking companies to water restoration projects, we are creating a powerful mechanism to restore our freshwater systems and ensure sustainable water management.” 

Water Footprint Compensation Overview 

“World Waternet has been part of the pioneering group from the beginning, and it’s an honor to partner with them on this initiative. Their local project expertise is invaluable to achieving impactful and targeted outcomes”, shared Jaap Feil, Managing Partner of WFI. “We believe this partnership will inspire more NGOs to join the Coalition, expanding the reach of water footprint compensation. This collaboration also provides companies with the chance to engage in meaningful, locally focused compensation projects.”  

The Water Footprint Compensation Initiative allows companies to offset the negative effects of their water consumption by funding water replenishment and restoration activities. These efforts focus on the basins where their operations and supply chains are based, ensuring that water restoration happens where it is most needed. This partnership will accelerate the initiative’s development, aiming for its formal launch at the 3rd United Nations Water Conference in 2026.  

Key Element of the Partnership 

World Waternet and Water Footprint will identify 5 to 10 potential compensation projects for inclusion in the Water Footprint Compensation platform till the 3rd UN Water Conference. These projects align with World Waternet Collective Water Action Agenda as elaborated in our new Impact Plan 2030