Are water markets a viable proposition in the Lower Mekong Basin?
Edited book (chapter)
Chapter Title | Are water markets a viable proposition in the Lower Mekong Basin? |
---|---|
Book Chapter Category | Edited book (chapter) |
ERA Publisher ID | 1811 |
Book Title | Water markets: a global assessment |
Authors | Reardon-Smith, Kate (Author), McCartney, Matthew (Author) and Rebelo, Lisa-Maria (Author) |
Editors | Wheeler, Sarah Ann |
Page Range | 91-111 |
Chapter Number | 6 |
Number of Pages | 21 |
Year | 2021 |
Publisher | Edward Elgar Publishing |
Place of Publication | Cheltenham, United Kingdom |
ISBN | 9781788976923 |
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. |
Keywords | Mekong River Basin; transboundary governance; water security; demand side management |
ANZSRC Field of Research 2020 | 410406. Natural resource management |
Public Notes | Files associated with this item cannot be displayed due to copyright restrictions. |
Byline Affiliations | Centre for Applied Climate Sciences |
International Water Management Institute, Sri Lanka | |
Institution of Origin | University of Southern Queensland |
https://research.usq.edu.au/item/q6v02/are-water-markets-a-viable-proposition-in-the-lower-mekong-basin
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