Professor Guillermo Donoso holds a PhD in Agricultural and Resource Economics from University of Maryland, College Park. Currently he is Professor of Water Economics at the Pontificia Universidad Católica de Chile. He has researched water governance and water allocation mechanisms with an emphasis on water markets the past 20 years. He has over 16 years of experience as grants in Water Economics as well as consultant for the United Nations Development Programme (UNDP), the Inter-American Development Bank (IADB), the GTZ and the World Bank in projects for Latin America.