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Financial challenges of the nexus: pathways for investment in water, energy and agriculture in the Arab world

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  • Martin Keulertz
  • Eckart Woertz

Abstract

The Water-Energy-Food (WEF) nexus is a development challenge in the Arab world, particularly in the 'core nexus countries' with low to mid-incomes in which limited water endowments permit agricultural production, such as Egypt, Morocco, Tunisia, Lebanon, Algeria, Sudan and Jordan. The WEF nexus is often conceptualized in mere technocratic terms, yet politics matter in the implementation of projects that address it. Internalizing hydrological externalities or leaving them as they are and financing them as a public good requires states whose capacities have been reduced as a result of neoliberal reform. The article explores five different pathways of how Arab countries could finance green growth projects ranging from regional financial markets to concessionary loans by funds from oil rich Gulf countries.

Suggested Citation

  • Martin Keulertz & Eckart Woertz, 2015. "Financial challenges of the nexus: pathways for investment in water, energy and agriculture in the Arab world," International Journal of Water Resources Development, Taylor & Francis Journals, vol. 31(3), pages 312-325, September.
    • Handle: RePEc:taf:cijwxx:v:31:y:2015:i:3:p:312-325
    DOI: 10.1080/07900627.2015.1019043
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    References listed on IDEAS

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    1. World Bank, 2006. "Middle East and North Africa Economic Developments and Prospects 2006," World Bank Publications - Reports 23971, The World Bank Group.
    2. Harvey, David, 2005. "The New Imperialism," OUP Catalogue, Oxford University Press, number 9780199278084.
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    Cited by:

    1. Lin, Boqiang & Xu, Bin, 2018. "Factors affecting CO2 emissions in China's agriculture sector: A quantile regression," Renewable and Sustainable Energy Reviews, Elsevier, vol. 94(C), pages 15-27.
    2. Rui Zhao & Hualing He & Ning Zhang, 2015. "Regional Water Footprint Assessment: A Case Study of Leshan City," Sustainability, MDPI, vol. 7(12), pages 1-16, December.
    3. Jue Wang & Keyi Ju & Xiaozhuo Wei, 2022. "Where Will ‘Water-Energy-Food’ Research Go Next?—Visualisation Review and Prospect," Sustainability, MDPI, vol. 14(13), pages 1-19, June.
    4. Wegerich, Kai & Van Rooijen, Daniel & Soliev, Ilkhom & Mukhamedova, Nozilakhon, 2015. "Water Security in the Syr Darya Basin," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 7(9), pages 4657-4684.
    5. Joel O. Botai & Christina M. Botai & Katlego P. Ncongwane & Sylvester Mpandeli & Luxon Nhamo & Muthoni Masinde & Abiodun M. Adeola & Michael G. Mengistu & Henerica Tazvinga & Miriam D. Murambadoro & S, 2021. "A Review of the Water–Energy–Food Nexus Research in Africa," Sustainability, MDPI, vol. 13(4), pages 1-26, February.
    6. Siderius, Christian & Conway, Declan & Yassine, Mohamed & Murken, Lisa & Lostis, Pierre-Louis & Dalin, Carole, 2020. "Multi-scale analysis of the water-energy-food nexus in the Gulf region," LSE Research Online Documents on Economics 104091, London School of Economics and Political Science, LSE Library.
    7. Radmehr, Riza & Ghorbani, Mohammad & Ziaei, Ali Naghi, 2021. "Quantifying and managing the water-energy-food nexus in dry regions food insecurity: New methods and evidence," Agricultural Water Management, Elsevier, vol. 245(C).
    8. Huang, Caihong & Zhang, Xiaoqing & Liu, Kai, 2021. "Effects of human capital structural evolution on carbon emissions intensity in China: A dual perspective of spatial heterogeneity and nonlinear linkages," Renewable and Sustainable Energy Reviews, Elsevier, vol. 135(C).
    9. Massimo Peri & Daniela Vandone & Lucia Baldi, 2017. "Volatility Spillover between Water, Energy and Food," Sustainability, MDPI, vol. 9(6), pages 1-16, June.

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