Problematic review on water tariff-pricing model and its relation with environment and climate change

Abstract

The issue of water security, environment degrade and climate change has becoming more severe today and emergence actions are needed to mitigate the problem. The variability in climate change affected the water resources thus contributes to unstable and uneconomic water price. This problem is worsened by environmental and pollution impact thus led to irrational water tariff and price. Existing model only considers econometric values, but environmental and climate change is neglected from overall structure of water tariff and price. Furthermore, the non-structured water pricing model fails to educate water consumers about excessive use and water scarcity. Therefore, water tariff and pricing mechanisms need to accommodate the changing in environmental degradation and climate change for more rationale and relevant water tariff and price.