5 results found
Efficient water demand management relies on market prices signalling the availability or future scarcity. India should consider such markets for effec
The risk associated with water availability gets complicated with global warming and climate change. This affects the scarcity value of water, and eve
Only by recognising the intrinsic value of water and its central role in our existence can we hope to build a more resilient and food-secure world for
Water futures trading can be an important tool for water-scarce economies. This paper argues that it can help reduce the scarcity value of water (defined here as the value that can be generated if the limit on water availability is relaxed by one unit), even without a physical market. ‘Scarcity value’ measures the degree of deprivation and creates the basis for disputes. The paper argues that water futures trading reduces the scarcity
