The benefits of Water Quality Trading

A viewpoint article on the role of water quality trading as a policy mechanism to deliver security of water quality and quantity that will in turn deliver food security and support the needs of the growing population.

Year of Publication2009

Fresh water is the underpinning natural global asset. It is the limiting factor on global population growth and ultimately will be the brake on the globalisation model. Without access to suitable fresh water, the human population will not reach the estimated 9.5 billion by 2050. Food production needs to double in one generation, on top of the advances already seen in the last fifty years, in order to sustain this level of human population. Food production has a significant positive benefit to the human, however negative consequences result including soil erosion and impairment of water quality through diffuse pollution. Delivering water security, in terms of quantity and quality, will require innovative policy mechanisms in a local, watershed and also an international capacity in order to drive an efficient and cost effective approach and water quality trading has a key role in achieving these objectives.

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Additional keywords/tags

environmental benefitsocial benefiteconomic benefit
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