Social and Behavioral Sciences Commons^™

Water Markets And Climate Change Adaptation: Assessing The Water Trading Experiences Of Chile, Australia, And The U.S. With Respect To Climate Pressures On Water Resources, Johanna M. Rayl

Pomona Senior Theses

Water trading and water markets have been listed by leading climate change organizations as a possible tool for climate change adaptation. Experience with water trading exists in many places in the world, and three of the most well-known and widely-studied markets for water rights are found in the Western United States, Chile, and Australia's Murray-Darling Basin. While the body of literature on the performance of these markets is extensive, few papers relate the experiences of these three countries to adaptation as of yet. This thesis seeks to report on the outcomes of water markets in three cases with special attention …