Focus on the ‘next generation of water economics’: navigating complexity, interdependence and change
Year: 2026
Type: editorial
Abstract: Water systems worldwide face mounting pressures from climate change, biodiversity loss, growing water demand, pollution, and persistent inequalities in access, allocation, and decision-making. Traditional approaches to water economics have made important contributions; however, the complexity and interconnected nature of water challenges require broadening the scope of economic analysis and practice. This editorial summarises contributions received for the Focus Collection on the ‘next generation of water economics’ that engage with the economics of water and sustainability, equity, justice, resilience, governance, and diverse water values. Drawing on these contributions, the editorial highlights four major themes emerging in water economics. The articles in this Collection demonstrate the growing diversity of approaches shaping the field and identify opportunities to advance more inclusive, adaptive, and context-sensitive forms of economic considerations in water governance.
Source: Environmental Research Letters
Institutions: Australian National University, University of Oxford, University of Waterloo, Duke University, Daugherty Water for Food Global Institute at the University of Nebraska, World Bank Group, Global Environment Facility, University of Cambridge, Balsillie School of International Affairs, Wilfrid Laurier University, World Bank, University of Cape Town
Language: English
Subfield: Water Science and Technology
Field: Environmental Science
Domain: Physical Sciences
Open Access status: gold
Estimated APC paid: $3,045
OpenAlex ID: W7221009815