SS-44 Sustainable watersheds: emerging economic instruments for water security

Topic: 3. Water security in a changing world
Date: 2017-06-02
Time from: 10:50:00
Time to: 12:20:00
Room: Salon Xcaret

This session explores emerging economic and financial instruments for enhancing water security worldwide in a changing climate, with a focus on understanding which instruments are the most suitable for a given watershed or basin. Emphasis will be placed on understanding the challenges and opportunities of developing effective economic instruments for improving water resource management. Specific initiative that will be addressed include national assurance schemes, water abstraction licenses, and payment for watershed services programs. Successful application of these instruments requires a deep understanding of the interactions and feedbacks between the human and natural systems that determine watershed sustainability.