Technology and Applications of Water Trading Market in Global Industry 2017
Water trading is a voluntary transfer of certain quantity of water between the buyer and the seller, so that the buyer of water can satisfy the demand at its end. It is a solution for all the verticals of end users that need water. Therefore, water trading serves as a solution for different users such as urban and agricultural that provides equal price and allocates water according to the demand. As quoted by the Forbes, there are many projects which have done hundreds of transactions of water worth USD 10 trillion across the globe. It has also identified several water projects and programs such as Water Quality Trading (WQT), Payments for Watershed Services (PWS), Dar es Salaam, Heredia, Saltillo and many others on global basis. Apart from these projects, there are other flow restoration or ground water mitigation projects as well. The global market for water trading is growing due to the high demand for clean water. The increase in population across the globe, along with the econom...