Abstract
Smart markets for water can benefit communities around the world. Some places will benefit more than others, and implementing the market will be easier in some places than in others. Overcoming the inertia of existing systems will be difficult. An initial focus on key users with small steps toward change will ease implementation. Every new idea leads to questions, and in this chapter we focus on some key questions, and give our thoughts on the way forward for this new water allocation method.
This concluding chapter reviews what’s great about a smart market. Following sections discuss where to start, how to start, how much it would cost, and how to overcome political resistance. The final two sections discuss what can be done in the interim, and our thoughts about where to from here.
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References
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Raffensperger, J.F., Milke, M.W. (2017). Concluding Perspectives. In: Smart Markets for Water Resources. Global Issues in Water Policy, vol 12. Springer, Cham. https://doi.org/10.1007/978-3-319-55008-4_14
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DOI: https://doi.org/10.1007/978-3-319-55008-4_14
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