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The risk associated with water availability gets complicated with global warming and climate change. This affects the scarcity value of water, and eve
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
An international conference on South Asia's water future, organised by Observer Research Foundation in association with the PHD Chamber of Commerce, has underlined the need for proper management of this largely exploited and poorly utilized natural resource.
पाणी टंचाई किंवा दुष्काळामध्ये ‘वॉटर फ्युचर्स’ हे बाजारावर आधारित विमा यंत्रणा म्हणून काम करू शकते, हे लक्षात घेणे गरजेचे आहे.
