Angola Namibia About Tutorial Glossary Documents Images Maps Google Earth go
Please provide feedback! Click for details
Home The River Basin People and the River Governance Resource Management
Resource Management
Water Demand
Water Infrastructure
The Value of Water
 Economic Value
 Environmental Costs
 Social Benefits and Costs
 Virtual Water
 In the SADC Region
 In Angola and Namibia
Resource Monitoring
Research & Development



send a comment



The Value of Water  

The valuation of water is a useful approach to support decision-making processes as it places water in an economic context, enabling its comparison with other natural resources. The box below shows a definition of the Valuation of Water provided by the United Nations Statistics Division.

The Value of Water

The need to treat water as an economic good has been recognised as an essential component of sustainable water management. Integrated Water Resources Management (IWRM), a globally endorsed concept for water management, identifies maximising economic value from the use of water and from investments in the water sector as one of the key objectives along with equity and environmental sustainability (Global Water Partnership 2000). This principle was reconfirmed at the 2002 World Summit on Sustainable Development in Johannesburg, the 2003 Third World Water Forum in Tokyo, and the 2005 Millennium Project Report to the UN. The prices charged for water recorded in the national accounts often do not reflect its full economic value.

Source: UNSD 2006

Chapter Summary

This chapter covers the following concepts and material:




Explore the sub-basins of the Kunene River

Video Interviews about the integrated and transboundary management of the Kunene River basin

View information on the dams and weirs of the Kunene Basin

Examine the virtual water trade and water footprints of SADC countries

Explore how hydroelectric dams work