Transitioning to a water secure future in the Basin (Discovery project)
This project assesses the barriers to water market adoption and capacity to manage change and deliver net economic benefits in the MDB.
This study aims to identify and analyse the impediments in water markets in the Murray-Darling Basin (MDB). The identification of impediments in water markets in Australia will have international relevance; lessons learned will be applicable across a wide range of markets and solutions to improve water market efficiency will provide a wide range of net social benefits. Economists have long suggested the benefits of removing impediments to trade. Benefits from this project will enhance resilience and adaptation of irrigators to future climate change and water shortages; and the project will address key priorities for a National Priority: An Environmentally Sustainable Australia.
The project (2014-16) is funded by the Australian Research Council under their Discovery program. The main focus will be programs in the Murray-Darling Basin in south-eastern Australia.
Project support includes researchers from: