The purpose of the contract is to evaluate economic aspects of water management practices and water demand in Europe with the aim of producing a report focussing specifically on:
— managing water demand towards more efficient water use — what are the typical price or non-price approaches?
— incentive structures for water demand management — are incentive structures in place to encourage more efficient water use/water conservation? How are they implemented, how is cost recovery taking place, and where does the revenue go?
— price elasticity — update the knowledge on price elasticity of water demand.