impact project finance
California Impact Architects
California Impact Architects are water efficiency specialists, combining efficient irrigation systems and efficient crop management programs with innovative financial methods that produce economic, financial, environmental and social impacts for the San Joaquin Valley and beyond.
The era of single focus project development is over. In today’s economic, cultural and environmental climate, bigger ideas are called for. Bigger ideas are precisely what California Impact Architects (CIA) is all about.
CIA has a specific objective to create and develop projects with far-reaching, multiple impacts that are realized on social, economic, financial and environmental levels. To that end, we have developed a unique project finance mechanism to implement The Alfalfa Project (TAP) throughout the San Joaquin Valley. Our patent pending method uses capital pooling from multiple and diverse sources to provide collateral to agricultural banks for loans to farmers.
The Alfalfa Project combines efficient drip irrigation systems with an efficient crop management program. Substantial and quantifiable economic, financial, environmental and social impacts result when the goal of converting 235,000 acres is reached, including having saved over 300 billion gallons of water each year.
While some farmers have the financial resources to convert, others do not. A financial program is now in place to enable those farmers without the financial resources to convert to a more efficient system.
A critical complement to TAP is the Water Offset Program, making over 4 billion gallons of water saved by TAP through the past 4 years available to the retail, wholesale and reseller channels. Water Neutrality is applicable to both individuals and operating companies, allowing offset purchasers to reduce their water footprint and impact on the environment. As an adjunct to other water conservation measures, such as conserving and recycling, the Water Offset Program can offset an entity’s remaining water footprint with water that has already been saved by a farmer. In essence, by offsetting the purchaser’s water footprint to zero, the Water Offset Program makes more of the existing water supply available to everyone.
As more acreage is converted under The Alfalfa Project, more Water Offsets are produced and capital is generated, enabling farmers to save additional water and CIA to invest in future water efficiency projects.