New instruments for water management in Brazil
Keywords:
Scarcity, Economic instruments, Markets for use rights, Water resources policyAbstract
PurposeThis paper aims to explore the possible uses of economic instruments, other than water tariffs, to assist water management policy in Brazil. In particular, the paper focuses attention toward markets for use rights.
Design/methodology/approachThe research is based on water resources specialists’ opinions and perceptions, collected through surveys (Delphi method) and a focus group, to understand if such an instrument is desirable and which roles could it play within Brazilian water basins.
FindingsResults suggest there is room and utility for markets for water use rights, although mostly on a temporary basis, localized, predominantly dealing with scarcity events and in conjunction with the other instruments under Brazil’s National Water Policy.
Originality/valueGiven the persistence of scarcity events in the country, the research represents a first step to understand if new instruments for water management are politically feasible and contribute to better delineate future investigations applied to specific water basins and their local conditions.
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Management Department of the School of Economics, Management and Accounting of the University of São Paulo.
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