Earth Finance, a climate strategy and financing firm, has significantly expanded its capabilities with the acquisition of Water Foundry, a global water strategy consultancy. This move is set to enhance Earth Finance's ability to address the critical intersection of water, nature, and climate, and strengthen its relationships with premier corporate partners worldwide.
Water Foundry, founded by acclaimed water strategy expert Will Sarni, has been instrumental in guiding corporations and investors through the complexities of water-related risks and opportunities. Sarni, who will join Earth Finance as Practice Leader for Water and Nature, brings extensive experience in innovative water strategies and technologies, making him a valuable asset to the team.
Garrett Kephart, CEO of Earth Finance, emphasized the strategic importance of this acquisition, stating, “Water scarcity has evolved from an environmental issue to a crucial economic concern affecting global supply chains, transportation, and energy production. By incorporating Water Foundry’s expertise, we can better assist our clients in understanding how the evolving water landscape impacts their operations. This integration will allow us to help clients leverage water and nature as strategic assets, enhancing their economic success and accelerating their transition to a lower-carbon economy.”
Sarni echoed this sentiment, noting, “The environmental and social challenges we face today are multifaceted and require a comprehensive approach. We are excited to join Earth Finance, as we believe that addressing the nexus of water, nature, and climate demands innovative strategies, technologies, public policies, and financing solutions. Together, we will deliver actionable solutions that foster economic growth, business value, social well-being, and ecosystem health.”
This strategic acquisition follows Earth Finance’s previous purchase of Molecule LLC, which added expertise in renewable fuels and decarbonization through the leadership of Tim Zenk. With the addition of Water Foundry, Earth Finance has significantly strengthened its ‘nature’ practice, further enhancing its global reach and ability to support clients in their decarbonization efforts.
Kephart concluded, “Water Foundry and Earth Finance share a unified vision to tackle the most pressing environmental, social, and economic challenges of our time. This acquisition is about combining our strengths to amplify our impact, offering comprehensive solutions to the climate-nature-water nexus, and helping our clients thrive in a lower-carbon and regenerative future.”