Climate Politics
Aboriginal People Are Locked Out of Australia’s Water Market
Suffering from extreme water scarcity, the country hasn’t managed to counteract its legacy of inequality.
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One of the driest places in the world also has one of the most sophisticated water-trading markets. Australia manages to combine extreme water scarcity with billions of dollars in trading turnover.
Aboriginal people have been locked out of that lucrative market. Their water holdings have decreased 20% since 2009, according to a Bloomberg Green analysis in collaboration with researcher Lana Hartwig, leaving them with just 0.2% of the total.