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The Price of Water: Valuation of Global Water Resources through Dynamic Optimisation
Description: Water is often undervalued, especially in agriculture.
Objective: We couple a global hydrology model with an agricultural sector optimisation model, in order to derive an implicit value of scarce water resources under future climate.
Forecast: Regional water management can be better targeted with these results.
Potsdam-Institut für Klimafolgenforschung (PIK)
Dr. Hermann Lotze-Campen
Potsdam / Germany
Phone: +49 (0)331-288-2699
Email: lotze-campen@pik-potsdam.de
Website: www.pik-potsdam.de/~hlotze
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