THE MECHANISM ON THE EFFECTIVE MANAGEMENT OF MULTI-OBJECTIVE WATER RESOURCES

Due to the fast growing demand of water resources, the effectiveness on the management mechanism of multi-objective water resources has become the focus of future water resources management with limited water resources. Hence, the objective of this article is aimed to suggest a management mechanism through the evaluation of regional supply-demand relationships, application of appropriate models, reviewing current water transfer strategies among sectors, and the estimation of probabilistic flow-rates as well as the investigation of prices. This management mechanism should also include the platform for negotiation and a feasible promotion plan. The preparation of the water transfer strategies has been proceeded by following the topics of (1) the appropriateness of past transfer cases of agricultural irrigation water, (2) the timing of possible transfer (or borrowing) of agricultural water, (3) the aid of irrigation water to other water sectors, (4) the compensation principles, and (5) the estimation of compensation. From the experiences of water-right management as well as water-market management, while considering the local conditions, a quasi-official water-market arbitration and supervision organization is suggested in this article. This task-force of “Water-Market Management Committee” can be set up by following current regulations without creating new laws or administrations, and is operated by committee members. This Committee performs regular water monitoring during normal conditions, and is initiated when water-shortage or disputes occur.