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As estimations and predictability of water supply in basins around the globe become difficult under a changing global climate, the need for new transboundary water management arises. To avoid international tensions related to water, traditional water agreements between states need to be transformed into more sophisticated and flexible arrangements of water governance. Designing and implementing such arrangements is a huge challenge since they must involve multiple stakeholders, must take into consideration the accelerating global water scarcity, and are dependent on the risks and unknowns of global climate change. Following an exploration of the core literature on the topic and the theoretical underpinnings of how to govern future risks, this chapter takes a closer look at the status of three important transboundary basins: the Meuse, the Mekong, and the Teesta basin. These basins all experience water stress with riparian states at different stages of agreeing on transboundary institutions and institutional cooperation. |
