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"What Can the Rain (or lack of it) in Spain Teach Us .....

Ariel Dinar, Professor of Environmental Economics and Policy, UC Riverside
  • "What Can the Rain (or lack of it) in Spain Teach Us .....
  • 2014-10-09T12:00:00-07:00
  • 2014-10-09T13:00:00-07:00
  • Ariel Dinar, Professor of Environmental Economics and Policy, UC Riverside
When
Oct 09, 2014 from 12:00 PM to 01:00 PM (America/Los_Angeles / UTC-700)
Where
1130 K Street, Room LL3
Contact Name
Contact Phone
916-445-5100
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What Can the Rain (or lack of it) in Spain Teach Us about Adaptation to Climate Change under Water Scarcity and Severe Drought?
with
Ariel Dinar
Professor of Environmental Economics and Policy

University of California, Riverside

 

 

Growing water extractions for agriculture and urban uses combined with emerging environmental demands increase water resources competition worldwide, especially in arid and semiarid regions. Climate change exacerbates water scarcity and the recurrence and in-tensity of droughts, calling for methodologies that can support sustainable water management policies. California is only one region of many facing such harsh situation. Can people in California learn from experiences elsewhere, such as in Spain? This talk presents an integrated hydro-economic model that links a reduced form hydrological component, with economic and environmental components. The model is used to analyze alternative drought management policies in the Jucar Basin (Spain). The current water management approach in the Jucar Basin is based on negotiated arrangements and stakeholders’ cooperation, achieving a balance between economic and environmental objectives. Water markets can be used to allocate water into the environment in the absence of minimum binding inflows to ecosystems. Comparing these policy approaches illustrates the potential of hydro-economic modeling for integrating the multiple dimensions of water resources, in order to advance sustainable water management policies. Results indicate that droughts have large welfare impacts, with the main adjustments sustained by irrigation activities and the environment. Implementing water markets among private decision-makers is a suitable option to avoid economic losses from droughts. However, the environmental effects of water trading may weaken its advantages.
Ariel Dinar is a Professor of Environmental Economics and Policy at the University of California, Riverside. He teaches and conducts re-search on issues related to water economics, climate change economics, regional cooperation and international water management. He received his Ph.D. in Agricultural & Natural Resource Economics from Hebrew University of Jerusalem.

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