1st Edition
Water Trading and Global Water Scarcity International Experiences
Introduction: Myths, Principles, and Issues in Water Trading
Ronald C. Griffin, Dannele E. Peck, and Josefina Maestu
Part 1: Water Trading Experiences
1. Introduction: How We Are Implementing Water Trading: Learning from Experience
Josefina Maestu
2. Managing Water Stress, Drought and Climate Change in The 21st Century: Water Trading as part of Integrated Approaches in Water Management
Cody L. Knutson
3. New Frontiers for Water Management. The California Experience
Ellen Hanak
4. Water Trades in the Western US: Risk, Speculation and Property Rights
Kristiana Hansen, Richard Howitt, and Jeffrey Williams
5. Water Markets and Their Environmental, Social and Economic Impact in Australia
Henning Bjorlund, Sarah Wheeler and Peter Rossini
6. Trading into and out of Trouble. Australian’s Water Allocation and Trading Experience
Mike Young
7. The Evolution of Water Markets in Chile
Guillermo Donoso
8. The Experience of Water Markets and the Market Model in Chile
Carl J. Bauer
9. Breaking the Gridlock in Water Reforms through Water Markets: Experience and Issues for India
Nirmal Mohanty, Shreekant Gupta
10. Areas of Conflict and the role of Water Trading: the case of Spain
Antonio Serrano
11. Voluntary Water Trading in Spain: a Mixed Approach of Public and Private Initiatives
Alberto Garrido, Josefina Maestu, Almudena Gomez-Ramos, Teodoro Estrela, Jesus Yague, Ricardo Segura, Javier Calatrava, Pedro Arrojo, Francisco Cubillo
Part 2: Concerns About Water Trading And How Are We Dealing With Them
12. Introduction: Concerns about Water Trading
Carlos M. Gomez, Eduard Interwies, Stefan Görlitz
13. The Myth of Markets for Water
Joseph W. Dellapenna
14. Cash Flows: Markets for Environmental Flow Allocations
David Katz
15. Experiences with Water Quality Trading in the United States of America
Robert J. Rose
Part 3: Reforms to Overcome Legal and Institutional Barriers to Trading
16. Introduction: Considering Institutional frameworks and institutional reforms in trading
Carlos M. Gomez
17. Water and Development in Latina America: Rights, Markets, Economic Context and Institutional Requirements
Miguel Solanes
18. The Theory and Practice of Australian Institutional Reforms to Incorporate Water Markets in Integrated Water Resources Management
Jennifer Mc Kay
19. Legal reforms that facilitate trading of water use rights in Spain
Antonio Embid
20. Drought Management, Uncertainty and Option Contracts
Almudena Gomez-Ramos
Part 4: Can we get incentives right?
21. Introduction: Incentives and prices in water trading
Carlos M. Gomez
22. Models for Optimal Water Management and Conflict Resolution
Franklin M. Fisher
23. Optimization Modelling in Water Resource Systems and Markets
Jay R. Lund
Conclusions and Recommendations for Implementing Water Trading: How Water Trading can be Part of the Solution
Josefina Maestu and Almudena Gomez-Ramos
Index
Biography
Josefina Maestu is Coordinator of the United Nations Office to Support the International Decade for Action "Water for Life" 2005-2015, based in Zaragoza, Spain. For 12 years she has been a lecturer on economics of natural resources management at the University of Alcala, Spain.
Pedro Arrojo, Carl J. Bauer, Henning Bjorlund, Javier Calatrava, Francisco Cubillo, Joseph W. Dellapenna, Guillermo Donoso, Antonio Embid, Teodoro Estrela, Franklin M. Fisher, Alberto Garrido, Carlos M. Gomez, Almudena Gomez-Ramos, Stefan Görlitz, Ronald C. Griffin, Shreekant Gupta, Ellen Hanak, Kristiana Hansen, Richard Howitt, Eduard Interwies, David Katz, Cody L. Knutson, Jay R. Lund, Jennifer Mc Kay, Nirmal Mohanty, Dannele E. Peck, Robert J. Rose, Peter Rossini, Ricardo Segura, Antonio Serrano, Miguel Solanes, Sarah Wheeler, Jeffrey Williams, Jesus Yague, and Mike Young.
