Water Banks: What Have We Learnt from the International Experience?

In recent decades, the use of economic instruments has been promoted as a way to improve water demand management, required due to the difficulty of further supply increases. Against this backdrop, this paper analyses the potential of water banks as a type of water market that can provide institution...

Full description

Bibliographic Details
Main Authors: Nazaret M. Montilla-López, Carlos Gutiérrez-Martín, José A. Gómez-Limón
Format: Article
Language:English
Published: MDPI AG 2016-10-01
Series:Water
Subjects:
Online Access:http://www.mdpi.com/2073-4441/8/10/466
id doaj-c61dfa96bbce409baf3240963a5d50e8
record_format Article
spelling doaj-c61dfa96bbce409baf3240963a5d50e82020-11-24T21:28:14ZengMDPI AGWater2073-44412016-10-0181046610.3390/w8100466w8100466Water Banks: What Have We Learnt from the International Experience?Nazaret M. Montilla-López0Carlos Gutiérrez-Martín1José A. Gómez-Limón2Department of Agricultural Economics, University of Córdoba, Campus Rabanales, Ctra. N-IV km 396, Córdoba 14014, SpainDepartment of Agricultural Economics, University of Córdoba, Campus Rabanales, Ctra. N-IV km 396, Córdoba 14014, SpainDepartment of Agricultural Economics, University of Córdoba, Campus Rabanales, Ctra. N-IV km 396, Córdoba 14014, SpainIn recent decades, the use of economic instruments has been promoted as a way to improve water demand management, required due to the difficulty of further supply increases. Against this backdrop, this paper analyses the potential of water banks as a type of water market that can provide institutional flexibility in the allocation of water resources among different users. Research has involved an extensive review of the literature, which has allowed us to identify different types of water banks that operate around the world, as well as an analysis of the experiences of water banks implemented to date, in order to assess the performance of this economic instrument in improving water management. This has provided evidence that water banks, if properly implemented, can be a useful tool for improving governance of water resources. Finally, the analysis has enabled us to propose a number of guidelines on how to improve the implementation of water banks in different countries around the world.http://www.mdpi.com/2073-4441/8/10/466water policywater managementeconomic instrumentswater bankswater reallocation
collection DOAJ
language English
format Article
sources DOAJ
author Nazaret M. Montilla-López
Carlos Gutiérrez-Martín
José A. Gómez-Limón
spellingShingle Nazaret M. Montilla-López
Carlos Gutiérrez-Martín
José A. Gómez-Limón
Water Banks: What Have We Learnt from the International Experience?
Water
water policy
water management
economic instruments
water banks
water reallocation
author_facet Nazaret M. Montilla-López
Carlos Gutiérrez-Martín
José A. Gómez-Limón
author_sort Nazaret M. Montilla-López
title Water Banks: What Have We Learnt from the International Experience?
title_short Water Banks: What Have We Learnt from the International Experience?
title_full Water Banks: What Have We Learnt from the International Experience?
title_fullStr Water Banks: What Have We Learnt from the International Experience?
title_full_unstemmed Water Banks: What Have We Learnt from the International Experience?
title_sort water banks: what have we learnt from the international experience?
publisher MDPI AG
series Water
issn 2073-4441
publishDate 2016-10-01
description In recent decades, the use of economic instruments has been promoted as a way to improve water demand management, required due to the difficulty of further supply increases. Against this backdrop, this paper analyses the potential of water banks as a type of water market that can provide institutional flexibility in the allocation of water resources among different users. Research has involved an extensive review of the literature, which has allowed us to identify different types of water banks that operate around the world, as well as an analysis of the experiences of water banks implemented to date, in order to assess the performance of this economic instrument in improving water management. This has provided evidence that water banks, if properly implemented, can be a useful tool for improving governance of water resources. Finally, the analysis has enabled us to propose a number of guidelines on how to improve the implementation of water banks in different countries around the world.
topic water policy
water management
economic instruments
water banks
water reallocation
url http://www.mdpi.com/2073-4441/8/10/466
work_keys_str_mv AT nazaretmmontillalopez waterbankswhathavewelearntfromtheinternationalexperience
AT carlosgutierrezmartin waterbankswhathavewelearntfromtheinternationalexperience
AT joseagomezlimon waterbankswhathavewelearntfromtheinternationalexperience
_version_ 1725971589393022976