Welcome to the Verde River Exchange
The Verde River Exchange aims to protect Verde River flows and promote sustainable economic development in the Verde Valley by providing a tool for addressing the unmanaged groundwater pumping that threatens to dry up stretches of the Verde River. The Verde River Exchange is an innovative and community-driven “water offset program” that allows groundwater users to offset the impact of their water use by purchasing credits. Credits are created when an existing water user voluntarily reduces their water use. Initiated and supported by Verde Valley businesses, local decision makers, residents, and conservation organizations, the Verde River Exchange’s balancing mechanism offers a path forward to help preserve the Verde Valley’s rural character and unique beauty while also meeting local water needs.
Verde River Exchange in the News
by Maxwell Wilson, PhD Western water law is one of the most complicated topics in academia. However, the law, both as it is today and how it could be tomorrow, constrains what we can do and provides opportunities for action. As such, a working knowledge of water law is a critical component in the Friends […]
Last week, state lawmakers had a chance to hear first hand the concerns Verde Valley residents have about our water future. Arizona House of Representatives’ Committee on Energy, Environment and Natural Resources held a water forum in Camp Verde, as part of a statewide listening tour to learn more about the solutions local communities support. […]
Please join Friends in thanking our Verde River Exchange participants for their leadership and stewardship. Four local businesses are helping lead the way on river protection in the Verde River Basin through their purchase of Water Offset Credits through the Verde River Exchange in 2017. Page Springs Cellars & Vineyards, an inaugural and second-year participant […]
National Geographic | by Sandra Postel July 25, 2016 In an effort to stem the depletion of groundwater and keep Arizona’s prized Verde River flowing, two vineyards are buying water credits through a new exchange designed to balance the basin’s water use for the good of the river and the local economy. Launched last week […]
Arizona Daily Sun | by Emery Cowan August 13th, 2016 Running 195 miles from springs in the upper Chino Valley to its confluence with the Salt River near Phoenix, the Verde River supports thousands of acres of agriculture, feeds a burgeoning recreation industry and provides drinking water for 2 million people in Maricopa County. The […]
The Republic, azcentral.com | by Brandon Loomis September 29, 2016 The Arizona Community Foundation has chosen five finalists for its $250,000 New Arizona Prize Water Innovation Challenge. The foundation, in collaboration with Republic Media and the Morrison Institute for Public Policy, will award the prize to one of the finalists on Nov. 3. A previous […]
Cronkite News | by Mindy Riesenberg Thursday, September 15, 2016 VERDE VALLEY – The valley is tucked south of the red rocks of Sedona, lush with greenery and alive with wildlife that flock to the banks of the river running through it. One of the last remaining continually flowing rivers in Arizona, the Verde River […]
Verde River Exchange Participants
Participant since 2016
Page Springs Cellars & Vineyards helped launch the Verde River Exchange as an inaugural participant in 2016 and renewed its participation again in 2017. This family-owned vineyard and winery overlooks pristine Oak Creek as it flows into the Verde River. Along with its delicious Rhône-style wines, Page Springs Cellars & Vineyards also offers gourmet food selections and breathtaking views.
Participant since 2016
Caduceus Cellars and Merkin Vineyards helped launch the Verde River Exchange as an inaugural participant in 2016 and renewed its participation for a second year in 2017. A Verde Valley treasure, Caduceus Cellars & Merkin Vineyards features a tasting room and winery perched above Jerome, Arizona as well as the Merkin Vineyards Tasting Room & Osteria in downtown Cottonwood, Arizona.
The Fish’s Garden joined the Verde River Exchange in 2017. This sustainability-minded business utilizes aquaponics, a low-water-use farming method that combines fish and vegetable farming in a single system. First started as a small family business in Camp Verde, Arizona, the Fish’s Garden is now a 3,000-square-foot commercial greenhouse that sells produce to local Verde Valley restaurants.
Out of Africa Wildlife Park, located in Camp Verde, Arizona, provides an opportunity to see hundreds of wild-by-nature animals from all over the world. As one of the Verde Valley’s largest employers and most visible private businesses, Out of Africa’s decision to offset water use through the Verde River Exchange in 2017 provides a highly visible example of water stewardship.
The Exchange Was a Finalist for the 2016 Arizona Water Innovation Challenge
Verde River Exchange advisory council members and others gather at the 2016 Arizona Water Innovation Challenge awards ceremony, where the Verde River Exchange was one of five statewide finalists.
Doug Von Gausig