Improving Water Pollution Reduction Using Flexible Market Tools
November 9, 2016Washington D.C.

Market-based mechanisms for addressing environmental externalities have the potential to reduce environmental harms at lower cost and with greater efficiency than more traditional command-and-control approaches. However, the use of “cap and trade” mechanisms also entails overcoming a number of challenges including institutional capacity, initial allocation, and distributional equity, among others. This dicussion will focus on an innovative use of market-based mechanisms as an alternative to command-and-control regulation for controlling water pollution. Amelia Letnes from the U.S. Environmental Protection Agency will discuss the lessons of the U.S. experience in applying water quality trading.

Please stay tuned for an updated announcement with new time and date. 

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World Bank MC 6-860 (For more information, please contact Scott Michael Moore at

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Watch it Live  | Webinar meeting number: 739 191 005   |  Password:  xdna3UyN

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Call 1-650-479-3207  | Call-in toll number (US/Canada)

Last Updated: Nov 08, 2016

  • Amelia Letnes

    Amelia Letnes is the USEPA technical expert on water quality trading. She has been at the agency for over 10 years, working on water issues such as trading, nutrient pollution, and program oversight.
  • Winston Yu

    Winston Yu is a Senior Water Resources Specialist at the World Bank. He has extensive experience working on technical and institutional problems in the water sector and has carried out a number of investment operations and research projects in a variety of developing countries (e.g. India, Pakistan, Bangladesh, China, Ethiopia, Ukraine, Armenia). His special interests include river basin management, hydrologic modeling, flood forecasting and management, groundwater hydrogeology, international rivers and transboundary issues, irrigation modernization, and adaptation to climate change. Prior to joining the Bank he was a senior researcher at the Stockholm Environment Institute (SEI) working on water and climate studies for river basins in China and California. He also served as a Science Officer at the US Department of State through the American Association for the Advancement of Science (AAAS) Fellowship. He is currently also an Adjunct Professor at the School of Advanced International Studies (SAIS) at Johns Hopkins University where he teaches a course on international water issues in development. He is also serving as a technical member of the Water and Society Committee of the American Geophysical Union. He holds a PhD and MS in environmental science and engineering from Harvard University. He received his BS from the University of Pennsylvania.
  • Carter Brandon

    Carter Brandon is the World Bank’s Global Lead Economist for the Environment and Natural Resources Global Practice. Over his twenty years at the World Bank, he has held lead positions in both headquarters (Latin America and South Asia regions) and in the field (Beijing and Buenos Aires). His primary interests are in the linkages between the environment, welfare and growth. He was educated at Harvard University (B.A.) and Oxford University (DPhil, ABD, Agricultural Economics).