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Arbol, a technology-led underwriter of parametric risk transfer, climate and weather insurance or reinsurance business, has completed a novel trade on a

A 2020 move to open a futures water market on the Chicago exchange has resulted in a heated conflict between those who say monetizing is a positive step, and those who see speculation as bad for the environment and traditional peoples.

A new bill would prevent traders, farmers, and industrial users of water from betting on price swings.

Investors now can bet on California’s water, helping agriculture withstand dry spells California grows all almonds sold in the U.S., but the highly profitable crop takes millions of gallons of water to produce. (Source: CNN) By Kevin Pirehpour | February 24, 2021 at 12:07 PM MST - Updated February 25 at 12:57 PM Climate change and extreme weather events are forecast to further reduce water supplies in the American Southwest, and a new futures market could allow water users to recoup losses if the price of water spikes. The futures market is the first of its kind, allowing investors...

Wall Street has just found a way to profit from California's water scarcity.