Role of economic instruments in water allocation reform: lessons from Europe |
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| Authors: | Dolores Rey Carlos Dionisio Pérez-Blanco Alvar Escriva-Bou Corentin Girard Ted I. E. Veldkamp |
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| Affiliation: | 1. Cranfield Water Science Institute, Cranfield University, UK;2. RAAS Division, Centro Euro-Mediterraneo sui Cambiamenti Climatici (CMCC), Venice, Italy;3. Department of Economics, Universidad de Alcalá, Alcalá de Henares, Spain;4. Fondazione Eni Enrico Mattei (FEEM), Venice, Italy;5. Water Policy Center, Public Policy Institute of California, San Francisco, USA;6. Fundación Observatorio del Cambio Climático, Valencia, Spain;7. Institute for Environmental Studies (IVM), VU University Amsterdam |
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| Abstract: | A growing number of countries are reforming their water allocation regimes through the use of economic instruments. This article analyzes the performance of economic instruments in water allocation reforms compared against their original design objectives in five European countries: England, France, Italy, Spain and the Netherlands. We identify the strengths of, barriers to and unintended consequences of economic instruments in the varying socio-economic, legal, institutional and biophysical context in each case study area, and use this evidence to draw out underlying common guidelines and recommendations. These lessons will help improve the effectiveness of future reforms while supporting more efficient water resources allocation. |
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| Keywords: | Water allocation economic instruments Integrated Water Resources Management water policy Europe |
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