Quantitative study on eco-economic compensation for water rights trading along the South-to-North Water Diversion Project in China

The completion of the South-to-North Water Diversion Project (SNWDP) of China has necessitated water rights trading along the route. However, water rights trading generally results in an externality loss for the seller. The scientific compensation of water rights trading should be considered from th...

Full description

Bibliographic Details
Main Authors: Cuimei Lv, Jiale Niu, Minhua Ling, Zening Wu, Denghua Yan
Format: Article
Language:English
Published: IWA Publishing 2022-12-01
Series:Water Supply
Subjects:
Online Access:http://ws.iwaponline.com/content/22/12/8893
_version_ 1828012745342058496
author Cuimei Lv
Jiale Niu
Minhua Ling
Zening Wu
Denghua Yan
author_facet Cuimei Lv
Jiale Niu
Minhua Ling
Zening Wu
Denghua Yan
author_sort Cuimei Lv
collection DOAJ
description The completion of the South-to-North Water Diversion Project (SNWDP) of China has necessitated water rights trading along the route. However, water rights trading generally results in an externality loss for the seller. The scientific compensation of water rights trading should be considered from the aspects of economy, society and eco-environment. In this study, we quantified the water rights trading compensation along the route from economic, social, and environmental aspects, using a method based on emergy theory. Taking Pingdingshan-Xinmi water rights trading as an example, the eco-economic compensation of Pingdingshan was quantified and analyzed. The results showed that the impact of water rights trading on Pingdingshan was mainly social and ecological in the short term, and the average social and ecological compensation was 0.027 ¥/m3 and 0.32 ¥/m3 respectively. As the economic loss caused by water shortage becomes more prominent in the long term, the social, ecological and economic compensation were shown to be 0.028 ¥/m3, 0.30 ¥/m3 and 4.55 ¥/m3 respectively in 2030. The economic impact of water rights trading on the water seller will become more and more obvious, and reasonable compensation is the key to the sustainable development of the water market. HIGHLIGHTS Eco-economic compensation composition of water rights trading was analyzed by externality.; A quantative compensation system for water rights trading was established by emergy theory.; The differences between short-term and long-term eco-economic compensation were analyzed.; Long-term compensation requires forecasting future water demand and consumption.;
first_indexed 2024-04-10T09:37:25Z
format Article
id doaj.art-42cb6d41beff40b399b7d099c6967d1a
institution Directory Open Access Journal
issn 1606-9749
1607-0798
language English
last_indexed 2024-04-10T09:37:25Z
publishDate 2022-12-01
publisher IWA Publishing
record_format Article
series Water Supply
spelling doaj.art-42cb6d41beff40b399b7d099c6967d1a2023-02-17T17:05:08ZengIWA PublishingWater Supply1606-97491607-07982022-12-0122128893890610.2166/ws.2022.407407Quantitative study on eco-economic compensation for water rights trading along the South-to-North Water Diversion Project in ChinaCuimei Lv0Jiale Niu1Minhua Ling2Zening Wu3Denghua Yan4 Yellow River Laboratory, Zhengzhou University, Zhengzhou, Henan 450001, China Yellow River Laboratory, Zhengzhou University, Zhengzhou, Henan 450001, China School of Water Conservancy and Civil Engineering, Zhengzhou University, Zhengzhou, Henan 450001, China Yellow River Laboratory, Zhengzhou University, Zhengzhou, Henan 450001, China Water Resources Department, China Institute of Water Resources and Hydropower Research, Beijing 100038, China The completion of the South-to-North Water Diversion Project (SNWDP) of China has necessitated water rights trading along the route. However, water rights trading generally results in an externality loss for the seller. The scientific compensation of water rights trading should be considered from the aspects of economy, society and eco-environment. In this study, we quantified the water rights trading compensation along the route from economic, social, and environmental aspects, using a method based on emergy theory. Taking Pingdingshan-Xinmi water rights trading as an example, the eco-economic compensation of Pingdingshan was quantified and analyzed. The results showed that the impact of water rights trading on Pingdingshan was mainly social and ecological in the short term, and the average social and ecological compensation was 0.027 ¥/m3 and 0.32 ¥/m3 respectively. As the economic loss caused by water shortage becomes more prominent in the long term, the social, ecological and economic compensation were shown to be 0.028 ¥/m3, 0.30 ¥/m3 and 4.55 ¥/m3 respectively in 2030. The economic impact of water rights trading on the water seller will become more and more obvious, and reasonable compensation is the key to the sustainable development of the water market. HIGHLIGHTS Eco-economic compensation composition of water rights trading was analyzed by externality.; A quantative compensation system for water rights trading was established by emergy theory.; The differences between short-term and long-term eco-economic compensation were analyzed.; Long-term compensation requires forecasting future water demand and consumption.;http://ws.iwaponline.com/content/22/12/8893eco-economic compensationemergy theorysouth-to-north water diversion project (snwdp)water rights tradingwater shortage
spellingShingle Cuimei Lv
Jiale Niu
Minhua Ling
Zening Wu
Denghua Yan
Quantitative study on eco-economic compensation for water rights trading along the South-to-North Water Diversion Project in China
Water Supply
eco-economic compensation
emergy theory
south-to-north water diversion project (snwdp)
water rights trading
water shortage
title Quantitative study on eco-economic compensation for water rights trading along the South-to-North Water Diversion Project in China
title_full Quantitative study on eco-economic compensation for water rights trading along the South-to-North Water Diversion Project in China
title_fullStr Quantitative study on eco-economic compensation for water rights trading along the South-to-North Water Diversion Project in China
title_full_unstemmed Quantitative study on eco-economic compensation for water rights trading along the South-to-North Water Diversion Project in China
title_short Quantitative study on eco-economic compensation for water rights trading along the South-to-North Water Diversion Project in China
title_sort quantitative study on eco economic compensation for water rights trading along the south to north water diversion project in china
topic eco-economic compensation
emergy theory
south-to-north water diversion project (snwdp)
water rights trading
water shortage
url http://ws.iwaponline.com/content/22/12/8893
work_keys_str_mv AT cuimeilv quantitativestudyonecoeconomiccompensationforwaterrightstradingalongthesouthtonorthwaterdiversionprojectinchina
AT jialeniu quantitativestudyonecoeconomiccompensationforwaterrightstradingalongthesouthtonorthwaterdiversionprojectinchina
AT minhualing quantitativestudyonecoeconomiccompensationforwaterrightstradingalongthesouthtonorthwaterdiversionprojectinchina
AT zeningwu quantitativestudyonecoeconomiccompensationforwaterrightstradingalongthesouthtonorthwaterdiversionprojectinchina
AT denghuayan quantitativestudyonecoeconomiccompensationforwaterrightstradingalongthesouthtonorthwaterdiversionprojectinchina