Drought-Hit Yazd to Form First Water Market Soon

The first water market in Iran’s drought-hit Central Plateau will be opened in Ardakan County of Yazd Province in the near future, planning and economic affairs deputy manager at Yazd Regional Water Company said.
“The dwindling groundwater levels in recent years in the parched region is a serious cause for concern and setting up water markets where buyers and sellers trade water rights through short- and long-term leases is likely to help better manage dwindling resources,” Hossein Kosari was also quoted as saying by ILNA.
“This system permits farmers to buy and sell water that can be within catchments, between catchments or along rivers depending on actual need,” he added, noting that water trading has become a vital tool for farmers in many countries such as Spain, Australia and the US.