Objective
Economic policy instruments (EPI) have received widespread attention over the last three decades, and have increasingly been implemented to achieve environmental policy objectives. However, whereas EPI have been successfully applied in some policy domains (such as climate, energy and air quality), their application to tackle water management issues (drought/water scarcity, floods, water quality control) are beset by many practical difficulties. EPI-Water sets to assess the effectiveness and the efficiency of Economic Policy Instruments in achieving water policy goals, and to identify the preconditions under which they complement or perform better than alternative (e.g. regulatory or voluntary) policy instruments.
Using a common multi-dimensional assessment framework, the project will compare the performance of single economic instruments or their apposite combinations with the performance otherwise achievable with regulatory (command & control) interventions (such as water restriction/rationing, licensing or permitting), persuasive instruments or voluntary commitments.
Furthermore the project will identify remaining research and methodological issues that need to be addressed, in particular with regards to the further development and use of national accounting, for supporting the design, implementation and evaluation of EPI in the field of water management.
Fields of science
- social sciencespolitical sciencespolitical policiespublic policies
- natural sciencesearth and related environmental scienceshydrology
- engineering and technologyenvironmental engineeringair pollution engineering
- engineering and technologyenvironmental engineeringnatural resources managementwater management
Programme(s)
Topic(s)
Call for proposal
FP7-ENV-2010
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Funding Scheme
CP-FP - Small or medium-scale focused research projectCoordinator
20123 Milano
Italy
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Participants (10)
68000 Colmar
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10717 Berlin
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40126 Bologna
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6708 PB Wageningen
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157 80 Athina
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28805 Alcala De Henares Madrid
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46010 Valencia
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NW4 4BT London
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8000 Aarhus C
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1093 Budapest
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