The role of valuation and bargaining in optimising transboundary watercourse treaty regimes
Bibliographic Data
| ID | 12823676 |
|---|---|
| Authors | Rafael Emmanuel Macatangay (0000-0001-8604-9347, University of Dundee, corresponding author), Alistair Rieu‐Clarke (0000-0003-1492-133X, Northumbria University) |
| Year | 2018 |
| Volume | 18 |
| Issue | 3 |
| Pages | 409-428 |
| Publication date | 2018-04-18 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | International Environmental Agreements Politics Law and Economics (JOURNAL) |
| Journal identifiers | ISSN: 1567-9764 • E-ISSN: 1573-1553 |
| Publisher | Springer Science+Business Media (PUBLISHER • DE) |
| DOI | 10.1007/s10784-018-9396-y |
| OpenAlex | W2791955185 |
| Language | EN |
| Citations received | 3 |
| References cited | 48 |
In the face of water scarcity, growing water demands, population increase, ecosystem degradation, or climate change, transboundary watercourse states inevitably have to make difficult decisions on how finite quantities of water are distributed. Such waters, and their associated ecosystem services, offer multiple benefits. Valuation and bargaining can play a key role in the sharing of these ecosystems services and their associated benefits across sovereign borders. Ecosystem services in transboundary watercourses essentially constitute a portfolio of assets. While challenging, their commodification, which creates property rights, supports trading. Such trading offers a means by which to resolve conflicts over competing uses and allows states to optimise their ‘portfolios’. However, despite this potential, adoption of appropriate treaty frameworks that might facilitate a market-based approach to the discovery and allocation of water-related ecosystem services at the transboundary level remains both a challenge and a topic worthy of further study. Drawing upon concepts in law and economics, this paper therefore seeks to advance the study of how treaty frameworks might be developed in a way that supports such a market-based approach to ecosystem services and transboundary waters
Business · Commodification · Economics · Economy · Ecosystem · Ecosystem services · Environmental resource management · Natural resource economics · Political science · Population · Portfolio · Treaty · Valuation (finance · Conservation, Biodiversity, and Resource Management · Environmental law and policy · Law · Transboundary Water Resource Management · Ecology · Finance
Governing the Commons
Payments for ecosystem services
Governing the Commons
Environmental Regime Effectiveness
The Law of International Watercourses
Transboundary Water Politics in the Developing World
Sharing Transboundary Resources
The Human Face of Water Security
Bridges Over Water
Hydro-hegemony – a framework for analysis of trans-boundary water conflicts
Beyond the river
Transboundary water interaction I
Water resources data and information exchange in transboundary water treaties
Assessing water ecosystem services for water resource management
Dams on the Mekong River
The Design of International Agreements
Convention on the Law of the Non-Navigational Uses of International Watercourses
Ecosystem services
Knight on Risk and Uncertainty
Legitimacy in the International System
Political Science Research on International Law
Fragmented Governance of International Rivers
Public Policy Investment
International Markets for Water and the Potential for Regional Cooperation
The politics of river basin organizations
| Unique citing works | 3 |
|---|---|
| Citations per year | 0.43 |
| Citation span | 2019 - 2022 (4) |
| Citation velocity | historical |
| Highly cited | No |
| Citation types | Neutral: 3 |