Table of Contents

Water Accounting

Water Accounting

International Approaches to Policy and Decision-making

Edited by Jayne M. Godfrey and Keryn Chalmers

One of the most pressing global issues of the 21st century is the scarcity of water of a quantity appropriate to ensure economic, environmental and social sustainability. In addressing the issue through policy and management, of critical importance is access to high quality information. But water scarcity has many implications, and it is possible that different reporting approaches, generally called water accounting systems, can be appropriate to addressing them. In this groundbreaking book, international experts respond to the question: what role can water accounting play in resolving individual, organizational, industry, national and international economic, social and environmental issues? They explore how various forms of water accounting are utilized and the issues that they address.

Chapter 6: Potential for the Application of General Purpose Water Accounting in South Africa

Denis A. Hughes, Esther Corral and Nikite W.J. Muller

Subjects: business and management, management and sustainability, economics and finance, international accounting, environment, energy policy and regulation, environmental management, water

Extract

Denis A. Hughes, Esther Corral and Nikite W.J. Muller INTRODUCTION The introduction of new approaches to managing water in South Africa (SA) followed the end of the apartheid government (Department of Water Affairs and Forestry (DWAF1) 1997; Republic of South Africa (RSA) 1998), removal of the concepts of riparian water rights and introduction of principles of equitable, sustainable and efficient access to water (DWAF, undated). The South African National Water Act (NWA) of 1998 introduced the concept that the only rights to water are for basic human need and the sustainability of the environment and that these rights should be preserved before water can be allocated to other users. However, as frequently pointed out (Biswas 2008; García 2008), the implementation of new water management policies can be a difficult task, particularly when the changes from previous practices are radical and not understood by everyone (van Wyk et al. 2006). In the introduction to the National Water Resources Strategy (NWRS) in 2004, the South African Minister of Water Affairs and Forestry2 acknowledged the importance of information by stating that, while SA apparently has enough water for the foreseeable future, data on which to reliably base this assessment are incomplete and inadequate. This apparent contradiction highlights the critical need for readily available information for water planning and management. The overall responsibility for water management rests with the Minister of Water and Environment Affairs, through the Department of Water Affairs (DWA3). Part of the implementation of the NWA involves second and third...

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