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Evaluating Economic Policy Instruments for Sustainable Water Management in Europe

Evaluating Economic Policy Instruments for Sustainable Water Management in Europe

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.
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Coordinator

FONDAZIONE ENI ENRICO MATTEI

Address

Corso Magenta 63
20123 Milano

Italy

Activity type

Higher or Secondary Education Establishments

EU Contribution

€ 477 300

Administrative Contact

Monica Eberle (Ms.)

Participants (10)

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ACTEON SARL

France

EU Contribution

€ 337 475

ECOLOGIC INSTITUT gemeinnützige GmbH

Germany

EU Contribution

€ 283 863

ALMA MATER STUDIORUM - UNIVERSITA DI BOLOGNA

Italy

EU Contribution

€ 175 000

WAGENINGEN UNIVERSITY

Netherlands

EU Contribution

€ 380 000

NATIONAL TECHNICAL UNIVERSITY OF ATHENS - NTUA

Greece

EU Contribution

€ 249 200

FUNDACION IMDEA AGUA

Spain

EU Contribution

€ 367 000

UNIVERSITAT DE VALENCIA

Spain

EU Contribution

€ 242 200

MIDDLESEX UNIVERSITY HIGHER EDUCATION CORPORATION

United Kingdom

EU Contribution

€ 274 800

AARHUS UNIVERSITET

Denmark

EU Contribution

€ 430 500

BUDAPESTI CORVINUS EGYETEM

Hungary

EU Contribution

€ 255 100

Project information

Grant agreement ID: 265213

Status

Closed project

  • Start date

    1 January 2011

  • End date

    31 December 2013

Funded under:

FP7-ENVIRONMENT

  • Overall budget:

    € 4 462 688

  • EU contribution

    € 3 472 438

Coordinated by:

FONDAZIONE ENI ENRICO MATTEI

Italy