Water Trading and Global Water Scarcity

Water Trading and Global Water Scarcity

Author: Josefina Maestu

Publisher: Routledge

Published: 2012-12-12

Total Pages: 377

ISBN-13: 1136189807

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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.


Water Trading and Global Water Scarcity

Water Trading and Global Water Scarcity

Author: Josefina Maestu

Publisher: Routledge

Published: 2013

Total Pages: 378

ISBN-13: 0415638216

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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. One of the key water management options for water demand is water trading. This book explores the role of water trading, as an instrument of integrated water resources management.


Water Markets

Water Markets

Author: Sarah A. Wheeler

Publisher: Edward Elgar Publishing

Published: 2021-08-28

Total Pages: 288

ISBN-13: 9781788976923

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Exploring water scarcity issues in light of the growing crisis in global water management, this book examines the applicability of water markets. It provides an overview and understanding of the presence of water markets across the globe, analysing the ways in which different countries and regions are grappling with water scarcity. This timely book offers an insight into the benefits of water markets, and their identified market failures. A water market framework is applied to key case studies, highlighting that the majority of regions have not had sufficient water reforms to allow for the introduction of water markets without negative social consequences. The book addresses existing hydrological and institutional capacity across countries and areas where water reform is needed, and lessons are provided for future water markets, taking into account these limitations. The case studies of different countries tackling water scarcity issues and reform will make this an essential read for scholars of environmental studies, water economics, sustainability management and environmental policies. It will also be an invigorating book for water policy makers interested in lessons for change, and in how to better implement reforms for water markets to help address both water scarcity and improve productivity.


Water for Sale

Water for Sale

Author: Fredrik Segerfeldt

Publisher: Cato Institute

Published: 2005

Total Pages: 162

ISBN-13: 9781930865761

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This book "is an excellent argument for private management of humankind's most valuable natural resource. Its thesis is both provocative and suggestive - water is scarce in developing countries because of poor management, not because it is truly in short supply. Water policy affects the future of millions of people across the globe. Segerfeldt offers an efficient, sure, and safe alternative for this future." - back cover.


Markets for Water

Markets for Water

Author: K. William Easter

Publisher: Springer Science & Business Media

Published: 2007-08-20

Total Pages: 306

ISBN-13: 0585320888

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Markets for Water: Potential and Performance dispels many of the myths surrounding water markets and gives readers a comprehensive picture of the way that markets have developed in different parts of the world. It is possible, for example, for a water market to fail, and for the transaction costs in water markets to be excessive. Too often water trading is banned because the water resources have been developed with public funds and the water agencies do not want to lose control over water. There is also a concern that poor farmers or households will be disadvantaged by water trading. These concerns about public resources and the poor are not very different from those that have been voiced in the past about land sales. The problem is that in many cases the poor already have limited access to resources, but this limit is not due to water trading. In fact, water trading is likely to expand the access to water for many small-scale farmers. Markets for Water: Potential and Performance provides an analytical framework for water market establishment. It develops the necessary conditions for water markets and illustrates how they can improve both water management and economic efficiency. Finally, the book gives readers an up-to-date picture of what we have learned about water markets in a wide range of countries, from the US to Chile and India.


The Water Paradox

The Water Paradox

Author: Edward Barbier

Publisher: Yale University Press

Published: 2019-01-01

Total Pages: 295

ISBN-13: 0300224435

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A radical new approach to tackling the growing threat of water scarcity Water is essential to life, yet humankind's relationship with water is complex. For millennia, we have perceived it as abundant and easily accessible. But water shortages are fast becoming a persistent reality for all nations, rich and poor. With demand outstripping supply, a global water crisis is imminent. In this trenchant critique of current water policies and practices, Edward Barbier argues that our water crisis is as much a failure of water management as it is a result of scarcity. Outdated governance structures and institutions, combined with continual underpricing, have perpetuated the overuse and undervaluation of water and disincentivized much-needed technological innovation. As a result "water grabbing" is on the rise, and cooperation to resolve these disputes is increasingly fraught. Barbier draws on evidence from countries across the globe to show the scale of the problem, and outlines the policy and management solutions needed to avert this crisis.


The Global Water Crisis

The Global Water Crisis

Author: David E. Newton

Publisher: Bloomsbury Publishing USA

Published: 2016-04-25

Total Pages: 371

ISBN-13: 1440839816

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How is water scarcity becoming a serious problem worldwide—including in the United States? This book provides a broad overview of water, sanitation, and hygiene problems faced by both developing and developed nations around the globe and suggests how these problems can be solved by imaginative and innovative thinking. Human society depends on sufficient clean water. In many parts of the world, however, this most basic commodity is in very short supply. Even in developed, first-world nations, climate change and other factors have begun to create alarming water supply issues. The Global Water Crisis: A Reference Handbook provides a detailed overview of this important topic, enabling readers to understand the nature of the world's water, sanitation, and hygiene (WASH) problems and to know what resources are best for conducting their own research on the topic. The first chapter of the book provides the historical background information pertaining to the world's water and sanitation problems; the second chapter documents the problems, explores the issues, and presents potential solutions for understanding the nature of WASH issues. The other sections provide the needed resources for readers to study the issue of the global water crisis further: perspective essays, primary documents, biographical profiles, data and documents, an extended annotated bibliography, a chronology, and a glossary.


Water Crisis: Myth or Reality?

Water Crisis: Myth or Reality?

Author: Peter P. Rogers

Publisher: CRC Press

Published: 2005-12-22

Total Pages: 352

ISBN-13: 9781439834275

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Always considered a classic renewable resource, after a hundred thousand years of farming and industry, rivers in many parts of the world are running dry and the groundwater is over pumped. In addition, the rate at which water sources are becoming contaminated with waste from humans, industry, and agriculture is truly alarming. Do these factors add up to a water crisis that merits drastic, large-scale action? Not necessarily say the editors of Water Crisis: Myth or Reality. They challenge this pessimism, concluding that while there are serious global water issues to be considered, the concept of a global water crisis is largely overstated. The book examines the issues and explores which conditions are permanent and unchangeable and which are remediable and changeable. The chapters explore when and where severe regional and local water problems occur and make suggestions about how they may be solved in a deliberate, non-crisis manner. The book covers recent breakthroughs in desalination technologies, the eco-sanitation revolution, international trade in agricultural products, methods of governance and negotiation in water allocation, and pricing and devolution of property rights and the roles they play in solving water issues. The editors, along with a panel of world-renowned experts, suggest that water issues can be solved over the next few decades using new technologies and processes.


Water, Peace, and War

Water, Peace, and War

Author: Brahma Chellaney

Publisher: Rowman & Littlefield

Published: 2015-03-01

Total Pages: 425

ISBN-13: 1442249285

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Now in an updated edition, this pioneering and authoritative study considers the profound impact of the growing global water crunch on international peace and security as well as possible ways to mitigate the crisis. Although water is essential to sustaining life and livelihoods, geostrategist Brahma Chellaney argues that it remains the world’s most underappreciated and undervalued resource. One sobering fact is that the retail price of bottled water is already higher than the international spot price of crude oil. But unlike oil, water has no substitute, raising the specter of water becoming the next flashpoint for conflict. Water war as a concept may not mesh with the conventional construct of warfare, especially for those who plan with tanks, combat planes, and attack submarines as weapons. Yet armies don’t necessarily have to march to battle to seize or defend water resources. Water wars—in a political, diplomatic, or economic sense—are already being waged between riparian neighbors in many parts of the world, fueling cycles of bitter recrimination, exacerbating water challenges, and fostering mistrust that impedes broader regional cooperation and integration. The danger is that these water wars could escalate to armed conflict or further limit already stretched food and energy production. Writing in a direct, nontechnical, and engaging style, Brahma Chellaney draws on a wide range of research from scientific and policy fields to examine the different global linkages between water and peace. Offering a holistic picture and integrated solutions, his book has become the recognized authority on the most precious natural resource of this century and how we can secure humankind’s water future.


Water Markets for the 21st Century

Water Markets for the 21st Century

Author: K. William Easter

Publisher: Springer

Published: 2014-07-30

Total Pages: 354

ISBN-13: 9401790817

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This book evaluates the history, the present and the future of water markets on 5 continents, beginning with the institutional underpinnings of water markets and factors influencing transaction costs. The book examines markets in seven countries and three different U.S. states, ranging from village-level water markets in Oman to basin wide formal water markets in Australia's Murray-Darling River basin. Introductory chapters on the background of water markets and on transaction costs and policy design are followed by chapter length discussion of water markets as an adaptive response to climate change and of supply reliability in a changing climate. Case studies describe a variety of facets of the design and function of markets around the world: California, Chile, Spain, Oman, Australia, Canada, India and China. In analyzing these real-world examples of markets, the contributors explore water rights and trading of rights between agricultural and urban sectors and the principles and function of option markets. They discuss different sized approaches, from large scale, ministry-level administration of markets to informal arrangements among farmers in the same village, or groups of villages which allocate water without large investment in management and infrastructure. Discussion includes questions of why water market practices have not expanded more rapidly in arid places. The book discusses mechanisms for resolving conflicts between water rights holders as well as between water right holders and third parties impacted by water trades and whether or not public ownership of water rights or use rights should trump private ownership and under what condition. Also covered are new and expanding categories of water use, beyond human consumption, agriculture and industry to new technologies ranging from extracting natural gas from shale to producing biofuels. The book concludes with suggestions for future water markets and offers a realistic picture of how they might change water use and distribution practices going forward.