Abstract

This paper highlights key trends and projections in water scarcity, reviews the ways that water security and water scarcity are most commonly understood, and explores possible responses. Based on a selected review of the literature, an explanation is provided of ways that water pricing can be applied to respond to water insecurity from both a demand and supply perspective. ‘Hard’ and also ‘soft’ approaches that include stakeholder, policy and decision processes are briefly reviewed as ways to promote water security. Collectively, the paper provides a guide about how decision makers might efficiently and equitably respond to the ‘wicked problem’ of water insecurity.

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