Existing water policies in many countries fail to adequately address growing threat of water scarcity. Developing countries are more vulnerable to water scarcity given the projected rise in industrial and agricultural development. One solution: Market-based water allocation mechanisms. Sustainable water markets are profitable, equitable and reflect the true value of water with regard to its scarcity, and developed countries like Australia and parts of the United States already have established water markets with varying degrees of success.
Transforming Water Scarcity through Trading (TWSTT)
EPSRC Engineering and Physical Sciences Research Council
Africa (Eastern) / Tanzania
Africa (Southern) / South Africa
Asia (Southeastern) / India
Asia (Southeastern) / Pakistan
North America / Mexico
Asia (Eastern) / China
South America (Northeastern) / Brazil
South America (Southwestern) / Chile
North America (Central America)
Asia (Southwestern) / Oman
Copyright 2012 Transforming Water Scarcity through Trading.
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