Water for the Future

Government action

Water Entitlements and Trading Project Phase 2

Overview

The Water Entitlements and Trading (WET) project is a joint initiative of the Australian Department of the Environment, Water, Heritage and the Arts (DEWHA), and Chinese Ministry of Water Resources (MWR), arising from a 2003 Memorandum of Understanding.

WET Phase 2 was conducted between March 2007 and March 2008 by a team of Australian and Chinese water experts, building on the work of WET Phase 1.

It made policy recommendations on a number of key issues related to the implementation of the WET framework, including:

WET Phase 2 also involved work on the technical requirements for a WET system, including:

In addition, two pilot studies were completed to both test and demonstrate the WET framework:

Phase 2 Final Report for download

The WET Phase 2 Final Report is available in English in the following sections:

The WET Phase 2 Final Report is also available in Chinese and English as an entire document:

More information

For further information please contact DEWHA, or the Australian Water Entitlements and Trading Project team leader at robert_a_speed@yahoo.com.au.

Key

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