Water pricing and markets: Principles, practices and proposals

Sarah Ann Wheeler; Céline Nauges; R. Quentin Grafton

doi:10.1002/aepp.13505

Water pricing and markets: Principles, practices and proposals

Sarah Ann Wheeler, Céline Nauges, R. Quentin Grafton

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Abstract

The allocation of water across space and time is a key challenge of water governance, with demand and supply often not well matched over time and place. Best practice water pricing and markets may promote water conservation, yet their application is limited. We highlight the governance principles needed for best practice water pricing and water markets, describe differences across regions, and provide six key water demand governance recommendations for both Global North and Global South countries.

Original language	English
Pages (from-to)	487-514
Number of pages	28
Journal	Applied Economic Perspectives and Policy
Volume	47
Issue number	2
Early online date	18 Feb 2025
DOIs	https://doi.org/10.1002/aepp.13505
Publication status	Published - May 2025

Keywords

climate change
costs
Global North
Global South
subsidies
tariffs
taxes
water crisis
water markets
water security
water trade
sustainable development

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

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10.1002/aepp.13505Licence: CC BY-NC

Final published versionFinal published version, 2.86 MBLicence: CC BY-NC

Cite this

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Water pricing and markets: Principles, practices and proposals

Abstract

Keywords

UN SDGs

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