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 | |
| Publication status | Published - May 2025 |
UN SDGs
This output contributes to the following UN Sustainable Development Goals (SDGs)
-
SDG 6 Clean Water and Sanitation -
SDG 17 Partnerships for the Goals
Keywords
- climate change
- costs
- Global North
- Global South
- subsidies
- tariffs
- taxes
- water crisis
- water markets
- water security
- water trade
- sustainable development
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