The OECD advocates a risk-based approach to water security…
“The OECD advocates a risk-based approach to water security and is calling on governments to speed up their efforts to improve efficiency and effectiveness of water management. We recommend improving water pricing to recover costs and to reflect the value of water to users and society.”
About This Quote
This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.
Water pricing should reflect true costs and societal value to improve management efficiency.
In simple terms: Price water to match its real cost and importance.
Key Takeaway
Adopt cost‑recovery water tariffs.
Themes
environment
economics
resource management
policy
sustainability
Mood
analytical
policy‑focused
Type
report
recommendation
When to use this quote
- urban water utilities
- irrigation schemes
- industrial users
- household billing
Key Concepts
price elasticity
public goods
environmental economics
Questions to Reflect On
- How can pricing be made equitable?
- What alternatives exist for low‑income users?
A Different Perspective
Political resistance to higher rates.