Improving the valuation of groundwater

An overview of groundwater economics is presented, highlighting the factors contributing to serious resource undervaluation, which is an aspect of resource management that needs urgent attention. This includes approaches to improving resource valuation, the application of economic instruments to groundwater management and resource capital accounting for assessing sustainability.

Automated summary

This article provides an overview of groundwater economics, focusing on the factors that contribute to the undervaluation of resources. It emphasizes the urgent need to address resource management and improve resource valuation.