TITLE:
Collective Finance Models for Sustainable Water Projects
AUTHORS:
Douglas Crawford-Brown, Jean-Baptiste Gossé
KEYWORDS:
Waterbasin Management, Environmental Protection, Collective Action, Finance
JOURNAL NAME:
Journal of Environmental Protection,
Vol.6 No.5,
May
22,
2015
ABSTRACT: Waterbasin management is an exemplar problem of collective action, since
many actors influence and are influenced by changes in a waterbasin. The
present paper uses the example of finance of control of surface water run-off
as an instance of (potential) collective action involving finance. Five
innovative financing schemes for new waterbasin management infrastructures are
assessed with respect to the actors who provide the finance and how the
projects are governed: 1) financing through taxes; 2) third-party financing; 3)
financing by stakeholders; 4) financing through fullcost pricing; and 5) financing
by developers and/or landowners.