Towards Tradable Water Rights, Softcover reprint of the original 1st ed. 2018 Water Law and Policy Reform in China Global Issues in Water Policy Series, Vol. 18

This book provides a first comprehensive legal examination of water rights arrangements and water rights trading in China. Although recent water reform in China has made substantial progress in policy development and practice, how its legal and institutional framework facilitates or hinders the application of tradable water rights remains less addressed in the existing scholarship. Against the backdrop of China?s water reform and the wider international debate in water governance, this book aims to provide an innovative approach to the complex issue of water governance by critically analysing the recent legal and policy developments in China towards tradable water rights. It examines the deficiencies of the current systems for water rights arrangements and trading, explores how China may learn from and build on the international trends in water rights trading practice (mainly Australia and the US), and proposes legal and policy frameworks for defining and administering tradable water rights in China that underpin sustainable water use in the face of exacerbated water scarcity, variability, and uncertainty. All in all, the book proposes pragmatic strategies for China?s water law and policy reform to move towards tradable water rights, which encompasses a comprehensive prescription from initialising and defining tradable water rights to administering water rights and trading. By reflecting on the deepening water reforms in both China and other jurisdictions, the book aims to contribute to the international water governance debate by exploring from a legal and policy perspective, how China, comparative to other cases around the world, can find a balanced combination of water allocation mechanisms to address its water challenges. It is hoped that the observations and proposed implications for China?s water reform will contribute to developing a better understanding of the way in which experiences in water markets can be shared from jurisdiction to jurisdiction.

Chapter 1. Introduction.- Chapter 2. Water Governance in a Changing World: China and Beyond.- Chapter 3. China’s Water Law and Policy Reform: How Far Have We Travelled?.- Chapter 4. Alternative Water Governance Mechanisms in China: Examination of Current Practices.- Chapter 5. Initialising Tradable Water Rights.- Chapter 6 Designing Tradable Water Rights for China.- Chapter 7. Administering Water Rights and Trading.- Chapter 8. Conclusion.

Comprehensive legal examination of water rights arrangements and water rights trading in China Critical assessments of China’s existing legal systems for facilitating the evolution of tradable water rights Insights into China’s water law and policy reform and proposals for future development Reflections on the emerging issues in the broader water governance context, and their interactions with tradable water rights