Climate Change and Water Resources – An International Perspective

Marianne Keudel ()

No 02/2007, IWP Discussion Paper Series from Institute for Economic Policy, Cologne, Germany

Abstract: Climate change and its consequences are the focus of many environmental policies in the European Union but also in other countries. Whereas in the US marketable instruments like permit trading have already been implemented since the 1980s, the EU first implemented permit trading for CO2 emissions in 2005. Climate change also influences the availability of water resources; water levels of rivers in the EU are assumed to decrease in the next decades. Decreasing water levels, in turn, heavily influence the quality of these water resources. In some countries the instrument of permit trading is also applied to the regulation of water resources (quantity and quality). This paper gives an overview of existing systems in order to show how such trading systems can create incentives for the efficient use of resources by means of pricing.

Keywords: river basin management; water trading; water quality trading (search for similar items in EconPapers)
JEL-codes: Q25 Q53 (search for similar items in EconPapers)
Date: 2007-02
New Economics Papers: this item is included in nep-agr, nep-ene and nep-env
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.iwp.uni-koeln.de/fileadmin/contents/dat ... en/DP/DP_02_2007.pdf (application/pdf)
Our link check indicates that this URL is bad, the error code is: 404 Not Found (http://www.iwp.uni-koeln.de/fileadmin/contents/dateiliste_iwp-website/publikationen/DP/DP_02_2007.pdf [301 Moved Permanently]--> https://www.iwp.uni-koeln.de/fileadmin/contents/dateiliste_iwp-website/publikationen/DP/DP_02_2007.pdf [301 Moved Permanently]--> https://iwp.uni-koeln.de/fileadmin/contents/dateiliste_iwp-website/publikationen/DP/DP_02_2007.pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:kln:iwpdip:dp02/07

Access Statistics for this paper

More papers in IWP Discussion Paper Series from Institute for Economic Policy, Cologne, Germany Contact information at EDIRC.
Bibliographic data for series maintained by Christian Müller ().