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Water Trading and Global Water Scarcity - International Experiences (Paperback)
Loot Price: R1,459
Discovery Miles 14 590
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Water Trading and Global Water Scarcity - International Experiences (Paperback)
Series: RFF Press Water Policy Series
Expected to ship within 12 - 17 working days
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Water scarcity is an increasing problem in many parts of the world,
yet conventional supply-side economics and management are
insufficient to deal with it. In this book the role of water
trading as an instrument of integrated water resources management
is explored in depth. It is also shown to be an instrument for
conflict resolution, where it may be necessary to reallocate water
in the context of increasing scarcity. Recent experiences of
implementation in different river basins have shown their potential
as instruments for improving allocation. These experiences,
however, also show that there are implementation challenges and
some limitations to trading that need to be considered. This book
explores the various types of water trading formulas through the
experience of using them in different parts of the world. The final
result is varied because, in most cases, trading is conditioned by
the legal and institutional framework in which the transactions are
carried out. The role of government and the definition of water
rights and licenses are critical for the success of water trading.
The book studies the institutional framework and how transactions
have been undertaken, drawing some lessons on how trading can
improve. It also analyses whether trading has really been a
positive instrument to manage scarcity and improve water ecosystems
and pollution emission problems in those parts of the world which
are most affected. The book concludes by making policy proposals to
improve the implementation of water trading.
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