Murray-Darling Wetlands Working Group

Rebalancing Water Use and Restoring Ecosystems Using Water Markets

Monday 24 August | 14.00-15.30 | Room: NL Auditorium
photo by Brian Richter

Can water markets help to change water use to the benefit of people and nature?  With water scarcity spreading and intensifying in many regions, water markets -- which involve the voluntary trading of rights to use water -- are gaining interest as a means for shifting water use, avoiding shortages, incentivising efficiency, and restoring water flows in freshwater ecosystems.  This event will feature presentations and discussions about the opportunities and pitfalls presented by water markets.  Speakers will share evidence from existing markets and discuss the economic, social, and environmental challenges and benefits of markets.

Programme

14:00 Welcome

Water Markets as a Response to Scarcity

Brian Richter, The Nature Conservancy

14:15 The Urgent Need for Private Involvement in Water

Emily Powell, The Nature Conservancy

14:30 Using Water Transactions to Restore River Flows

Laura Huffman, The Nature Conservancy

14:40 Community Water Trusts and Impact Investment: Case Study from the Murray-Darling Basin

Lauren Ferstandig, The Nature Conservancy

14:55 Implementation Challenges: Restoring Wetlands Using Purchased Water Rights

Deb Nias, Murray-Darling Wetlands Working Group

16:05 Legal Considerations: Establishing Community Water Trusts

Kathryn Ridge, M-D Wetlands Working Group

16:15 Questions from audience