Discovery Projects - Grant ID: DP0879071

Funding Activity

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Funded Activity Summary

Solving the water crisis in Australian cities and towns with options contracts between urban and rural water users. We will equip water resource managers with a powerful and effective tool for the allocation of water resources between rural and urban sectors. The importance of this bridge cannot be understated. To date urban centres have endured stringent water restrictions to manage dwindling urban suppliers, while ignoring the potential benefits of purchasing water from the irrigated agriculture sector. Furthermore, rural communities have suffered hardship due to restricted agricultural production during times of drought. This research proposal represents an exciting solution to both problems and offers the tantalising prospect of water shortages in our capital cities and towns becoming distant memories.

Funded Activity Details

Start Date: 2008

End Date: 12-2012

Funding Scheme: Discovery Projects

Funding Amount: $259,083.00

Funder: Australian Research Council