“Valuing Water in Asia: Tools and Strategies” at World Water Week 2022

Event
Projects
  • DATE / TIME:
    2022/08/23    07:00 - 08:20
    Location:
    Online

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    Organisers: UNU-FLORES, UNU-IAS, Asian Development Bank, University of Tokyo


    Speakers

    Keynote Speech: “Value of water: Overview and Concept”

    • Kensuke Fukushi, Academic Programme Advisor, UNU-IAS and Vice Director, Institute for Future Initiatives, University of Tokyo

    Breakout group discussions

    • Geetha Mohan, Adjunct Professor, UNU-IAS
    • Chengyao Zhang, Doctoral Student, University of Tokyo
    • Serena Caucci, Associate Programme Officer, UNU-FLORES
    • Allison Woodruff, Principal Water Security Specialist, Asian Development Bank

    This online session, ‘Valuing Water in Asia: Tools and Strategies’ at World Water Week 2022, will explore economic valuation methods for water and their applications in Asia based on research and regional project experiences. The session aims to promote better policies and strategies for water pricing and distribution, investment in water reuse, and greater societal appreciation for water.

    Engaging practitioners from governments, companies, development agencies, and academia, the session will provide an overview of effective methods to quantify the value of water, followed by breakout discussions on three topics:

    (1) ‘Tools and Application of Quantifying the Value of Water’, to share Environmentally Extended Input-Output Analysis to visualise direct and indirect water consumption and pollution loads from economic activities, as well as a recent study on agricultural water pricing policies in China;

    (2) ‘Valuing Water for Industries’, to share insights on various water valuation approaches in practice and discuss barriers to sustainable water pricing and private and public investment in water management; and

    (3) ‘Contingent Valuation Method (CVM) and Willingness to Pay ’, to share ADB’s approach to accounting for the value of non-market benefits and costs and assessing the relevance of economic valuation of water, based on ADB’s experience and recent publications. For programme details, please visit the session page.

    The event is organised by UNU-IAS, in partnership with the Asian Development Bank, the University of Tokyo, and the UNU Institute for Integrated Management of Material Fluxes and of Resources (UNU-FLORES).

    World Water Week 2022 will take place from 23 August to 1 September 2022.


    Background

    Since 1991, Stockholm International Water Institute (SIWI) has organised World Water Week, the leading conference on global water issues, ranging from food security and health to agriculture, technology, biodiversity, and the climate crisis.

    The World Water Week programme is co-created by leading international organisations to provide access to the latest trends and insights from varied fields.


    Related Links:
    Session website
    Conference website