This Title All WIREs
How to cite this WIREs title:
WIREs Water
Impact Factor: 4.451

Financialization, water governance, and uneven development

Full article on Wiley Online Library:   HTML PDF

Can't access this content? Tell your librarian.

Mainstream global actors in the water sector argue that the key to long‐term water security is to accelerate the development of water infrastructure for which new financial sources are sorely needed. The return of large infrastructural solutions to water management is attracting nontraditional water investors such as private equity and institutional investors seeking to diversify their portfolio assets. Recent research into how such an investment is a hedging option for corporate water industry actors or an investment vehicle for institutional investors raises questions about ownership, control, distribution, and affordability of water as well as the long‐run consequences for operation and maintenance of infrastructure. We identify a number of key questions that the water sector needs to resolve before contemplating the alluring easy money that new financial sources appear to offer. The nature and scale of financialization make it a deeply undemocratic process with potentially highly uneven impacts on social‐ecological landscapes. WIREs Water 2016, 3:766–774. doi: 10.1002/wat2.1166 This article is categorized under: Engineering Water > Planning Water Human Water > Rights to Water Human Water > Water Governance

Related Articles

The politics, geography, and economics of desalination: a critical review
Scenarios of public energy research and development expenditures: financing energy innovation in Europe (WIREs WIREs Energy and Environment)

Browse by Topic

Human Water > Rights to Water
Human Water > Water Governance
Engineering Water > Planning Water

Access to this WIREs title is by subscription only.

Recommend to Your
Librarian Now!

The latest WIREs articles in your inbox

Sign Up for Article Alerts