Water pricing and markets: Principles, practices and proposals

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dc.contributor.authorWheeler, S.A.
dc.contributor.authorNauges, C.
dc.contributor.authorGrafton, R.Q.
dc.date.issued2025
dc.description.abstractThe allocation of water across space and time is a key challenge of water governance, with demand and supply often not well matched over time and place. Best practice water pricing and markets may promote water conservation, yet their application is limited. We highlight the governance principles needed for best practice water pricing and water markets, describe differences across regions, and provide six key water demand governance recommendations for both Global North and Global South countries.
dc.description.statementofresponsibilitySarah Ann Wheeler, Céline Nauges, R. Quentin Grafton
dc.identifier.citationApplied Economic Perspectives and Policy, 2025; 47(2):487-514
dc.identifier.doi10.1002/aepp.13505
dc.identifier.issn2040-5790
dc.identifier.issn2040-5804
dc.identifier.orcidWheeler, S.A. [0000-0002-6073-3172]
dc.identifier.urihttps://hdl.handle.net/2440/147423
dc.language.isoen
dc.publisherWiley
dc.relation.granthttp://purl.org/au-research/grants/arc/DP200101191
dc.relation.granthttp://purl.org/au-research/grants/arc/DP220101506,
dc.relation.granthttp://purl.org/au-research/grants/arc/FL190100164
dc.rights© 2025 The Author(s). This is an open access article under the terms of the Creative Commons Attribution-NonCommercial License, which permits use, distribution and reproduction in any medium, provided the original work is properly cited and is not used for commercial purposes.
dc.source.urihttps://doi.org/10.1002/aepp.13505
dc.subjectclimate change; costs; Global North; Global South; subsidies; sustainable development; tariffs, taxes; water crisis; water markets; water security; water trade
dc.titleWater pricing and markets: Principles, practices and proposals
dc.typeJournal article
pubs.publication-statusPublished

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