Are water markets globally applicable?

Takahiro Endo, Kaoru Kakinuma, Sayaka Yoshikawa, Shinjiro Kanae

Research output: Contribution to journalArticlepeer-review

14 Citations (Scopus)

Abstract

Water scarcity is a global concern that necessitates a global perspective, but it is also the product of multiple regional issues that require regional solutions. Water markets constitute a regionally applicable non-structural measure to counter water scarcity that has received the attention of academics and policy-makers, but there is no global view on their applicability. We present the global distribution of potential nations and states where water markets could be instituted in a legal sense, by investigating 296 water laws internationally, with special reference to a minimum set of key rules: legalization of water reallocation, the separation of water rights and landownership, and the modification of the cancellation rule for non-use. We also suggest two additional globally distributed prerequisites and policy implications: the predictability of the available water before irrigation periods and public control of groundwater pumping throughout its jurisdiction.

Original languageEnglish
Article number034032
JournalEnvironmental Research Letters
Volume13
Issue number3
DOIs
Publication statusPublished - 2018 Mar

Keywords

  • global water scarcity
  • soft-path measure
  • water law
  • water market

ASJC Scopus subject areas

  • Renewable Energy, Sustainability and the Environment
  • Environmental Science(all)
  • Public Health, Environmental and Occupational Health

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