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We created a Water Allowance Coefficient based on Water Footprint calculations. The Water Allowance Coefficient quantifies the value of water resource availability potential, as impacted by market price. The method was applied to regional Hungarian data. Water Footprint is the absolute value of man's freshwater-usage and evaluates freshwater use throughout the entire product path. In addition, it also shows the parties responsible for undue water usage and water pollution. It consists of three main parts: green, blue, and grey water footprints, which division was taken into consideration during the specification of the Water Allowance Coefficient. The value of the Water Allowance Coefficient was derived through differentiation of water type and, in our case, also by region. By correcting these data with market prices, we calculated the adjusted values of the Water Allowance Coefficient on both regional and national levels. As the most prominent result, we approximated the value of freshwater on tillable agricultural lands to be 1,185 EUR/ha. Nearly half of this value is associated with rainwater, nearly a third is that of atmospheric and ground and about one fifth is that of water required to dilute contaminated water. Our results offer an entirely new basis for the optimization of water management.

EVALUATION OF THE REGIONAL WATER USAGE IN HUNGARY WITH WATER ALLOWANCE COEFFICIENT (WAC)