This chapter provides an overview of the financing patterns of the Italian water sector, which is segmented and characterised by a wide plurality of management systems and operators. In the last 25 years, Italy has introduced far-reaching reforms, which concerned in particular urban water supply and sanitation. The most important goal was to create the basis for an autonomous and selfsufficient water industry, driving the sector out of the public budget. Financial equilibrium of water undertakings and access to market-based finance have thence dominated over other possible aims of water pricing. Other sectors, and notably irrigation, continue to follow more traditional schemes. The chapter also discusses further reform opportunities with a view to turning water prices into economic incentives for a more sustainable use of water resources.

Economic Regulation, Water Pricing, and Environmental and Resource Costs: The Difficult Marriage Between Financial Sustainability, Investment Requirements and Economic Efficiency

Massarutto Antonio
2021

Abstract

This chapter provides an overview of the financing patterns of the Italian water sector, which is segmented and characterised by a wide plurality of management systems and operators. In the last 25 years, Italy has introduced far-reaching reforms, which concerned in particular urban water supply and sanitation. The most important goal was to create the basis for an autonomous and selfsufficient water industry, driving the sector out of the public budget. Financial equilibrium of water undertakings and access to market-based finance have thence dominated over other possible aims of water pricing. Other sectors, and notably irrigation, continue to follow more traditional schemes. The chapter also discusses further reform opportunities with a view to turning water prices into economic incentives for a more sustainable use of water resources.
File in questo prodotto:
File Dimensione Formato  
17 - Massarutto - Economic Regulation Water Pricing and ERCs.pdf

non disponibili

Tipologia: Documento in Pre-print
Licenza: Non pubblico
Dimensione 674.82 kB
Formato Adobe PDF
674.82 kB Adobe PDF   Visualizza/Apri   Richiedi una copia

I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.

Utilizza questo identificativo per citare o creare un link a questo documento: http://hdl.handle.net/11390/1197024
Citazioni
  • ???jsp.display-item.citation.pmc??? ND
  • Scopus 0
  • ???jsp.display-item.citation.isi??? ND
social impact