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Economic Instruments for Sustainable Water Management in Water Scarce and Drought Prone Irrigated Areas

Total Cost €


EC-Contrib. €






Project "WATER INCENT" data sheet

The following table provides information about the project.


Organization address
address: Corso Magenta 63
city: MILANO
postcode: 20123

contact info
title: n.a.
name: n.a.
surname: n.a.
function: n.a.
email: n.a.
telephone: n.a.
fax: n.a.

 Coordinator Country Italy [IT]
 Project website
 Total cost 168˙277 €
 EC max contribution 168˙277 € (100%)
 Programme 1. H2020-EU.1.3.2. (Nurturing excellence by means of cross-border and cross-sector mobility)
 Code Call H2020-MSCA-IF-2014
 Funding Scheme MSCA-IF-EF-ST
 Starting year 2015
 Duration (year-month-day) from 2015-06-01   to  2017-05-31


Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    FONDAZIONE ENI ENRICO MATTEI IT (MILANO) coordinator 168˙277.00


 Project objective

More than 50% of total water abstractions in Southern Europe come from the agricultural sector, rising to more than 80% in some regions. Water abstractions are particularly high and fast growing in profitable irrigated areas in the Mediterranean Basin, where agricultural demand enters in direct competition with basic environmental services increasingly often. Urgent action is needed to address this unsustainable trade-off. Economic instruments represent a means of adapting demand to collectively agreed goals and thus relief pressure over stressed EU water bodies. In particular, recent water resources research has put forward the role that can be played by agricultural water markets and drought insurance for irrigated agriculture. These two instruments have been already tested (markets) or at least explored (insurance) in a EU context, but it is still unclear what can be expected from them. The objective of my research is advancing in the design and development of agricultural water markets and insurance systems that contribute to the implementation of an effective and efficient water policy mix in the EU. In a first stage I will develop quantitative methods using Revealed Preferences Models and Agent Based Models to estimate the economic and environmental outcomes of the proposed instruments under different scenarios. In the second stage I will use an analytical framework to critically assess the efficiency and effectiveness of drought insurance and water markets in a wider policy context. Theoretical constructions will be illustrated with empirical applications in the Po River Basin District (RBD) in Italy and the Segura RBD in Spain.


year authors and title journal last update
List of publications.
2016 C.D. Pérez-Blanco, G. Standardi, J. Mysiak, R. Parrado, C. Gutiérrez-Martín
Incremental water charging in agriculture. A case study of the Regione Emilia Romagna in Italy
published pages: 202-215, ISSN: 1364-8152, DOI: 10.1016/j.envsoft.2015.12.016
Environmental Modelling & Software 78 2019-07-24
2015 C.D. Pérez-Blanco, G. Delacámara, C.M. Gómez
Revealing the willingness to pay for income insurance in agriculture
published pages: 1-21, ISSN: 1366-9877, DOI: 10.1080/13669877.2015.1042505
Journal of Risk Research 2019-07-24

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The information about "WATER INCENT" are provided by the European Opendata Portal: CORDIS opendata.

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