Big Data

An Integrated Assessment Of Water Markets: Australia, Chile, China, South Africa And The USA

Download Now Date Added: Jul 2010
Format: PDF

The paper provides an integrated framework to assess water markets in terms of their institutional underpinnings and the three 'pillars' of integrated water resource management: economic efficiency, equity and environmental sustainability. This framework can be used: to benchmark different water markets; to track performance over time; and to identify ways in which water markets might be adjusted by informed policy makers to achieve desired goals. It identifies what water markets are currently able to contribute to integrated water resource management, what criteria underpin these markets, and which components of their performance may require further development.