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This book gives decision makers, health professionals and analysts a comprehensive view of the arguments and challenges associated with establishing the value of drinking-water interventions. The experts who have contributed to this publication provide guidance on assessing the benefits from improving access to safe drinking water and from reducing the burden of water-related diseases. They show how to compare the value of these benefits to the costs of the interventions, with special reference to small-scale drinking water systems.
"This publication addresses the broader issues of social cost-benefit analysis performed on options to invest in drinking-water supplies, with a focus on small community suppliers"--Back cover.
Provides a comprehensive exposition of the application of non-market economic valuation methods to proposed water resources investments and policies.
The High-Level Panel on Water was established to 'mobilize effective action to accelerate the implementation of Sustainable Development Goal (SDG) 6 and its related targets'. The Panel has identified four 'lighthouse initiatives' intended to bring a global focus onto specific issues and advance the agenda in those areas. These initiatives are intended to demonstrate progress during the two-year timeframe of the panel and offer breakthroughs requiring political leadership at the Heads of State or Government level. This framing note addresses one of the four lighthouse initiatives: 'valuing water'.
Often, appraisals of water rights use inappropriate valuation approaches and methods resulting in flawed conclusions of value. The book is written in a simple, straight-forward manner with numerous examples. Non-economists should find it particularly valuable. Lawyers will find it invaluable as a reference before they reach the courtroom. The book is written in a logical manner beginning with the physical characteristics of water, the institutional rules such as water right laws, economic theory related to valuing water rights, and 14 case studies where various economic valuation approaches and methods have been applied. Topics covered include: The economic framework for valuing water rights (i.e., supply, demand, consumer welfare, and cost-benefit analysis); Traditional approaches and methods used in valuing water rights; Approaches and methods employed for valuing water rights assuming an economics framework; and Methods for estimating the marginal benefits and costs of water rights
The aim of Valuing Water, Valuing Livelihoods is to give decision-makers, health professionals and analysts a comprehensive view of the arguments and challenges associated with establishing the value of drinking-water interventions. The experts who have contributed to this publication provide guidance on assessing the benefits from improving access to safe drinking-water and from reducing the burden of water-related diseases. They show how to compare the value of these benefits to the costs of interventions, with special reference to small-scale drinking-water systems. Valuing Water, Valuing Livelihoods provides decision-makers, health professionals and analysts with the tools to promote improved access to safe drinking-water, especially for small and vulnerable communities in developing countries, by presenting comprehensive coverage of principles and practice, technology and economics, health, livelihoods and ethics.
Gibbons examines the water supply problem through five case studies. The problems faced by these regions and the methods suggested to overcome them provide excellent models for the entire United States. The case studies---typically, expanding supplies---but economic efficiency principles lead to emphasizing managing the demand. In many cases, this means reducing demand by raising prices.