In this article published in Commodity Vision, the author presents the concept of the establishment of a 'futures market in water availability' in the context of the risk of water availability that Indian agriculture has been facing in the recent years.Read More
With South Asian agriculture being dependent on the timely occurrence of the monsoons, any deviation from the scheduled arrival of the monsoon causes problems not only for the farmers, but also produces a threat to the food security of the region. However, the author argues that, there is no market in South Asia where users and investors exposed to water availability risk can effectively hedge against such a risk.
This document by Jayanta Bandyopadhyay, highlights the importance of the Ganges-Brahmaputra-Meghna (GBM) basin as an important source of water for many of the countries in South Asia, and the crucial role of negotiations in the context of the impending water crisis threatening the basin with the phenomenon of climate change.
