[5][6] In Brazil, CWC has partnered with the Federal University of Ceará in the northeast to focus on sophisticated climate-based forecasting systems used for water allocation decisions across diverse use sectors.

In addition, the CWC team recently completed a municipal water plan (PAM) for Milhã, a rural area in central Ceará.

[8] In India, the project focuses on reducing water consumption in the agricultural sector by encouraging sustainable crop choice patterns, as well as working with corporations to deploy better irrigation technologies (and increase reliability) throughout their supply chains.

Some of the methods developed (including the use of inexpensive tensiometers to measure soil moisture and direct seeding of rice) were field tested in the 2010 planting season with over 500 farmers participating.

[13] On March 12, 2015, the initiative held its first annual symposium, which brought together water experts from various groups, representing the industry, utilities, policy and non-profit sectors among others.

More recent research into hydrometerology, which looks at the interaction of land, water and atmosphere at a more local scale, adds additional layers to the potential for flood prediction.

[18] New ways of representing convection and vegetation response to water stress are also major areas of research, the results of which could offer new understandings of the carbon and hydrological cycle.

These metrics can help companies address challenges through new sourcing strategies, novel regional financial risk management products (e.g., cat bonds, index insurance), pre-emptive maintenance and mitigation, reservoir reallocation agreements and other tools.