Are water markets a viable proposition in the Lower Mekong Basin?

Edited book (chapter)

Reardon-Smith, Kate, McCartney, Matthew and Rebelo, Lisa-Maria. 2021. "Are water markets a viable proposition in the Lower Mekong Basin?" Wheeler, Sarah Ann (ed.) Water markets: a global assessment. Cheltenham, United Kingdom. Edward Elgar Publishing. pp. 91-111
Chapter Title

Are water markets a viable proposition in the Lower Mekong Basin?

Book Chapter CategoryEdited book (chapter)
ERA Publisher ID1811
Book TitleWater markets: a global assessment
AuthorsReardon-Smith, Kate (Author), McCartney, Matthew (Author) and Rebelo, Lisa-Maria (Author)
EditorsWheeler, Sarah Ann
Page Range91-111
Chapter Number6
Number of Pages21
Year2021
PublisherEdward Elgar Publishing
Place of PublicationCheltenham, United Kingdom
ISBN9781788976923
Digital Object Identifier (DOI)https://doi.org/10.4337/9781788976930.00015
Web Address (URL)https://www.elgaronline.com/view/edcoll/9781788976923/9781788976923.00015.xml
Abstract

Water markets are a potential approach for reallocating and improving the efficiency of water use in river basins in which water resources are under stress as a consequence of demographic and economic pressures. However, establishing water markets is not easy and to be successful a wide range of context specific criteria, relating to the legal and institutional framework as well as political and economic conditions, must be met. We applied the Water Market Readiness Assessment framework proposed by Wheeler et al. (2017) to investigate whether adequate policy and governance arrangements were in place to enable water markets to effectively operate in the countries of the Lower Mekong River Basin. We identify a number of key gaps and conclude that more conventional regulatory approaches, along with integrated basin planning and management, will likely better serve the communities and environments of the region.

KeywordsMekong River Basin; transboundary governance; water security; demand side management
ANZSRC Field of Research 2020410406. Natural resource management
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Byline AffiliationsCentre for Applied Climate Sciences
International Water Management Institute, Sri Lanka
Institution of OriginUniversity of Southern Queensland
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Reardon-Smith, Kate, Farley, Helen, Stone, Roger, Mushtaq, Shahbaz, Cliffe, Neil, Doyle, Joanne, Martin, Neil, Maraseni, Tek, Marcussen, Torben, Lindesay, Janette, Loch, Adam and Kealley, Matt. 2013. "Using a virtual world to enable real world decision making." Lamb, David (ed.) 1st Digital Rural Futures Conference: Smart Farms - Smart Regions (DRF 2013). Armidale, Australia 26 - 28 Jun 2013 Armidale, Australia.
Extending extension: virtual shed meetings in a digital age
Farley, Helen, Reardon-Smith, Kate, Mushtaq, Shahbaz, Cliffe, Neil, Lindesay, Janette and Loch, Adam. 2013. "Extending extension: virtual shed meetings in a digital age." Lamb, David (ed.) 1st Digital Rural Futures Conference: Smart Farms - Smart Regions (DRF 2013). Armidale, Australia 26 - 28 Jun 2013 Armidale, Australia.
Correlations between physical and chemical defences in plants: tradeoffs, syndromes, or just many different ways to skin a herbivorous cat?
Moles, Angela T., Peco, Begona, Wallis, Ian R., Foley, William J., Poore, Alistair G.B., Seabloom, Eric W., Vesk, Peter A., Bisigato, Alejandro J., Cella-Pizarro, Lucrecia, Clark, Connie J., Cohen, Philippe S., Cornwell, William K., Edwards, Will, Ejrnaes, Rasmus, Gonzales-Ojeda, Therany, Graae, Bente J., Hay, Gregory, Lumbwe, Fainess C., Magana-Rodriguez, Benjamın, ..., Hui, Francis K. C.. 2013. "Correlations between physical and chemical defences in plants: tradeoffs, syndromes, or just many different ways to skin a herbivorous cat?" New Phytologist. 198 (1), pp. 252-263. https://doi.org/10.1111/nph.12116
A blueprint for sustainable groundwater management in Balochistan, Pakistan
Mushtaq, Shahbaz, Reardon-Smith, Kathryn, Stone, Roger and Khair, Syed Mohammad. 2013. "A blueprint for sustainable groundwater management in Balochistan, Pakistan." Griffiths, Jacqui and Lambert, Rebecca (ed.) Free flow: reaching water security through cooperation . Paris, France. UNESCO . pp. 222-224
Trialling a web-based 'discussion-support' tool in the Australian sugar industry: stakeholder responses are encouraging
Cliffe, Neil, Stone, Roger, Coutts, Jeff, Mushtaq, Shahbaz and Reardon-Smith, Kathryn. 2013. "Trialling a web-based 'discussion-support' tool in the Australian sugar industry: stakeholder responses are encouraging." Westbrooke, Victoria (ed.) Australia-Pacific Extension Network International Conference (APEN ICNZ 2013): Transformative Change: Chosen or Unchosen Pathways to Innovation, Resilience and Prosperity . Christchurch, New Zealand 26 - 28 Aug 2013
A rural agricultural-sustainable energy community model and its application to Felton Valley, Australia
Berrill, T., Reardon-Smith, K., McCreath, R., Mushtaq, S. and Bundschuh, J.. 2013. "A rural agricultural-sustainable energy community model and its application to Felton Valley, Australia ." Yan, J. (ed.) 5th International Conference on Applied Energy (ICAE 2013). Pretoria, South Africa 01 - 04 Jul 2013
Identifying and managing key weed threats, their sources and vectors, in relation to priority remnant ecosystems in the Condamine catchment
Reardon-Smith, K.. 2009. Identifying and managing key weed threats, their sources and vectors, in relation to priority remnant ecosystems in the Condamine catchment.
The tradeoffs between water savings and GHG emissions in irrigated agriculture
Mushtaq, Shahbaz, Maraseni, Tek and Reardon-Smith, Kate. 2013. "The tradeoffs between water savings and GHG emissions in irrigated agriculture." Quarisa, Iva (ed.) Irrigation Australia Regional Conference 2013: Sharing Irrigation Knowledge for Better Outcomes. Griffith, Australia 28 - 30 May 2013 Sydney, Australia.
Climate change and water security: estimating the greenhouse gas costs of achieving water security through investments in modern irrigation technology
Mushtaq, S., Maraseni, T. N. and Reardon-Smith, K.. 2013. "Climate change and water security: estimating the greenhouse gas costs of achieving water security through investments in modern irrigation technology." Agricultural Systems. 117, pp. 78-89. https://doi.org/10.1016/j.agsy.2012.12.009
Sweet success: making machinima to engage sugarcane farmers in discussions about climate risk
Farley, Helen and Reardon-Smith, Kate. 2012. "Sweet success: making machinima to engage sugarcane farmers in discussions about climate risk." 2012 Apple University Consortuim CreateWorld Conference: Developing People Who Use and Support Apple Technology in Higher Education. Brisbane, Australia 05 - 07 Dec 2012 Australia.
Integrated analysis for a carbon- and water-constrained future: an assessment of drip irrigation in a lettuce production system in eastern Australia
Maraseni, T. N., Mushtaq, S. and Reardon-Smith, K.. 2012. "Integrated analysis for a carbon- and water-constrained future: an assessment of drip irrigation in a lettuce production system in eastern Australia." Journal of Environmental Management. 111, pp. 220-226. https://doi.org/10.1016/j.jenvman.2012.07.020
Predictive modelling of riparian woodland response to altered and novel disturbances in multi-use production landscapes
Reardon-Smith, K. M. and Le Brocque, A. F.. 2012. "Predictive modelling of riparian woodland response to altered and novel disturbances in multi-use production landscapes." Lepetit, Julien (ed.) Water and Climate: Policy Implementation Challenges - 2nd Practical Responses to Climate Change Conference 2012. Canberra, Australia 01 - 03 May 2012 Canberra, Australia.
Climate change, water security and the need for integrated policy development: the case of on-farm infrastructure investment in the Australian irrigation sector
Maraseni, T. N., Mushtaq, S. and Reardon-Smith, K.. 2012. "Climate change, water security and the need for integrated policy development: the case of on-farm infrastructure investment in the Australian irrigation sector." Environmental Research Letters. 7 (3), pp. 1-12. https://doi.org/10.1088/1748-9326/7/3/034006
Putting plant resistance traits on the map: a test of the idea that plants are better defended at lower latitudes
Moles, Angela T., Wallis, Ian R., Foley, William J., Warton, David I., Stegen, James C., Bisigato, Alejandro J., Cella-Pizarro, Lucrecia, Clark, Connie J., Cohen, Philippe S., Cornwell, William K., Edwards, Will, Ejrnaes, Rasmus, Gonzales-Ojeda, Therany, Graae, Bente J., Hay, Gregory, Lumbwe, Fainess C., Magana-Rodriguez, Benjamin, Moore, Ben D., Peri, Pablo L., ..., Prior, Lynda D.. 2011. "Putting plant resistance traits on the map: a test of the idea that plants are better defended at lower latitudes." New Phytologist. 191 (3), pp. 777-788. https://doi.org/10.1111/j.1469-8137.2011.03732.x
Using stable isotopes to identify soil moisture sources of key species in drought-stressed riparian woodlands
Reardon-Smith, Kate, Le Brocque, Andy, Hollins, Suzanne and Silburn, Mark. 2011. "Using stable isotopes to identify soil moisture sources of key species in drought-stressed riparian woodlands." 2011 Conference of the Ecological Society of Australia (ESA 2011). Hobart, Australia 21 - 25 Nov 2011 Australia. Ecological Society of Australia.
Modelling riparian woodland response to altered and novel disturbance regimes in production landscapes
Reardon-Smith, Kate, Le Brocque, Andy and House, Alan. 2011. "Modelling riparian woodland response to altered and novel disturbance regimes in production landscapes." 2011 Conference of the Ecological Society of Australia (ESA 2011). Hobart, Australia 21 - 25 Nov 2011 Australia. Ecological Society of Australia.
Impact of altered flow regimes and weed invasion on riparian communities in the Condamine catchment, south-east Queensland
Reardon-Smith, Kate, Zammit, Charlie and Le Brocque, Andy. 2004. "Impact of altered flow regimes and weed invasion on riparian communities in the Condamine catchment, south-east Queensland." 2004 Conference of the Ecological Society of Australia (ESA 2004). Adelaide, South Australia 07 - 10 Dec 2004 Brisbane, Australia. Ecological Society of Australia.
Disturbance and resilience of floodplain woodlands in a production landscape
Reardon-Smith, Kathryn, Le Brocque, Andrew F. and House, Alan. 2009. "Disturbance and resilience of floodplain woodlands in a production landscape." 10th International Congress of Ecology: Ecology in a Changing Environment. Brisbane, Australia 16 - 21 Aug 2009 Australia.
Riparian woodlands in crisis? Disturbance ecology on the Condamine floodplain
Reardon-Smith, Kathryn, Le Brocque, Andrew F. and House, Alan. 2008. "Riparian woodlands in crisis? Disturbance ecology on the Condamine floodplain." 11th International Riversymposium: A Future of Extremes. Brisbane, Australia 01 - 04 Sep 2008 Brisbane, Australia.
Riparian woodland dysfunction is driven by groundwater decline in a northern Murray-Darling intensive production landscape
Reardon-Smith, Kate, Le Brocque, Andy and House, Alan. 2010. "Riparian woodland dysfunction is driven by groundwater decline in a northern Murray-Darling intensive production landscape." 2010 Conference of the Ecological Society of Australia (ESA 2010). Canberra, Australia 06 - 10 Dec 2010 Australia. Ecological Society of Australia.
Disturbance and resilience in riparian woodlands on the highly modified Upper Condamine floodplain
Reardon-Smith, Kathryn Mary. 2011. Disturbance and resilience in riparian woodlands on the highly modified Upper Condamine floodplain. PhD Thesis Doctor of Philosophy. University of Southern Queensland.
Richness, complexity & condition of remnants in the eastern Darling Downs, Queensland
Le Brocque, Andrew F., Zammit, Charlie and Reardon-Smith, Kathryn. 2003. "Richness, complexity & condition of remnants in the eastern Darling Downs, Queensland." Oliver, Ian, Kristiansen, Paul and Silberbauer, Letitia (ed.) 2003 Conference of the Ecological Society of Australia (ESA 2003). Armidale, Australia 08 - 10 Dec 2003 Brisbane, Queensland, Australia. Ecological Society of Australia.
Declining birds in Australian agricultural landscapes may benefit from aspects of the European agri-environment model
Attwood, Simon J., Park, Sarah E., Maron, Martine, Collard, Stuart J., Robinson, Doug, Reardon-Smith, Kathryn M. and Cockfield, Geoff. 2009. "Declining birds in Australian agricultural landscapes may benefit from aspects of the European agri-environment model ." Biological Conservation. 142 (10), pp. 1981-1991. https://doi.org/10.1016/j.biocon.2009.04.008
Landscape ecology theory does not apply to recruitment in Eucalyptus populnea woodlands
Batterham, Megan C., Le Brocque, Andrew F. and Reardon-Smith, Kathryn. 2008. "Landscape ecology theory does not apply to recruitment in Eucalyptus populnea woodlands." 2008 Conference of the Ecological Society of Australia (ESA 2008). Sydney, Australia 01 - 05 Dec 2008 Australia. Ecological Society of Australia.
Change is the new stability: disturbance and riparian woodlands in a production landscape
Reardon-Smith, Kathryn, Le Brocque, Andrew F. and House, Alan. 2008. "Change is the new stability: disturbance and riparian woodlands in a production landscape." 2008 Conference of the Ecological Society of Australia (ESA 2008). Sydney, Australia 01 - 05 Dec 2008 Australia. Ecological Society of Australia.
Predictive mapping of blackberry in the Condamine Catchment using logistic regression and spatial analysis
Apan, Armando, Wells, N., Reardon-Smith, Kathryn, Richardson, L., McDougall, Kevin and Basnet, Badri Bahadur. 2008. "Predictive mapping of blackberry in the Condamine Catchment using logistic regression and spatial analysis." McDougall, Kevin (ed.) Queensland Spatial Conference 2008. Surfers Paradise, Australia 17 - 19 Jul 2008 Brisbane, Australia.
Arresting woodland bird decline in Australian agricultural landscapes: potential application of the European agri-environment model
Park, S. E., Attwood, S. J., Maron, M., Collard, S. J. and Reardon-Smith, K.. 2007. "Arresting woodland bird decline in Australian agricultural landscapes: potential application of the European agri-environment model." Jongman, Rob and Bunce, R. G. H. (ed.) IALE 2007: 25 Years Landscape Ecology: Scientific Principles in Practice. Wageningen, Netherlands 08 - 12 Jul 2007 Wageningden, Netherlands.
Vegetation community responses to altered flow regimes and weed invasion in reparian woodlands of the upper condamine floodplain, Eastern Australia
Reardon-Smith, Kathryn, Le Brocque, Andrew F., House, Alan and Zammit, Charlie. 2005. "Vegetation community responses to altered flow regimes and weed invasion in reparian woodlands of the upper condamine floodplain, Eastern Australia." Miller, Craig (ed.) 2005 Conference of the Ecological Society of Australia (ESA 2005). Brisbane, Australia 28 Nov - 02 Dec 2005 Brisbane, Queensland, Australia. Ecological Society of Australia.