SEATTLE, Sept. 9,
2024 /PRNewswire/ -- In a move highlighting the
critical intersection between water, nature, and climate, Earth
Finance, a climate strategy and financing firm, has acquired Water
Foundry, a global water strategy consultancy. The acquisition of
Water Foundry further strengthens and enhances Earth Finance's
strategic customer relationships with premier corporate partners
around the world. By integrating water and nature as strategic
assets, Earth Finance enables corporations, technology companies,
the public sector, investors, and NGOs to create competitive
advantages from natural capital, prioritizing responsible
management that drives long-term value.
Water Foundry, founded by water strategy expert Will Sarni, has been a trailblazer in
helping corporations and investors navigate the complexities of
water-related risks and opportunities. Sarni, who will join Earth
Finance as Practice Leader, Water and Nature, has dedicated his
career to advancing innovative water strategies and technologies,
making him an invaluable addition to the Earth Finance team.
"Water scarcity is no longer just an environmental issue; it's a
critical economic concern that impacts global supply chains,
transportation, and energy production," said Garrett Kephart, CEO of Earth Finance. "By
integrating Water Foundry's expertise, we are uniquely positioned
to help our clients understand how the changing landscape of water
affects their operations, incorporate key water metrics into their
strategies, and leverage water and nature as strategic assets on
the balance sheet. This will drive their economic success and
accelerate their transition to a lower-carbon economy."
This acquisition marks a significant step in Earth Finance's
mission to provide a systems-focused approach to climate
transition. "The environmental and social challenges we face today
are multifaceted and require a comprehensive approach," said Sarni.
"We are excited to join the Earth Finance team as we believe water,
nature, and climate nexus challenges can only be solved through
innovative strategies, technologies, public policies, funding, and
financing. Together, we can tackle these nexus challenges by
offering strategic and actionable solutions to deliver economic
growth, business value, social well-being, and ecosystem
health."
Water has long been a critical yet underappreciated component of
the global sustainability agenda. As climate change exacerbates
water- and nature-related risks, Earth Finance's interdisciplinary
approach offers a way to mitigate these risks and harness the
opportunities they present. From the American West to the global
stage, the combined entity is poised to transform how businesses,
investors, and policymakers approach water, nature, and climate
challenges.
Last year's acquisition of Molecule LLC, which brought renewable
fuels and decarbonization policy leader Tim
Zenk into Earth Finance, added critical expertise in the
'molecules' sector of Earth Finance's practice. With the
acquisition of Water Foundry, the 'nature' practice has been
significantly strengthened, further enhancing Earth Finance's
global reach. These strategic acquisitions align perfectly with the
areas where clients most need support to decarbonize their
operations and build a sustainable future.
"Water Foundry and Earth Finance share a common vision: to
tackle the most pressing environmental, social, and economic
challenges of our time," said Kephart. "This acquisition is about
combining our capabilities and amplifying our impact. Together, we
can deliver comprehensive solutions that address issues at the
climate-nature-water nexus and help our clients thrive in a
lower-carbon and regenerative future."
About Earth Finance:
Earth Finance is a climate
strategy consulting and financing firm dedicated to accelerating
the transition to a lower-carbon and regenerative economy. Earth
Finance works with corporations, investors, entrepreneurs and the
public sector to build, finance, and deploy solutions that address
the world's most pressing climate challenges. For more information,
visit www.earthfinance.com or engage on LinkedIn.
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SOURCE Earth Finance, Inc.