SRCosmos:

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Keywords	Lake Koronia, Water resource management, Sustainable development
Abstract	Ove the last 4 decades Lake Koronia operates under a negative water balance due to poor management and planning decisions. Lake Koronia is a Ramsar site in northern Greece that has experienced pronounced ecosystem degradation over the past 30 years associated with water level reduction and nutrient loading from agricultural and industrial activities. The objective of the present study is the optimal design of a policy for theoretical and potentially in practice water balance of the watershed of Lake Koronia and rational water resource management of the area. The use of mathematical modelling can assist in making the right decisions with respect to the water management as the increased complexity due to many factors affecting the water balance is impending the derivation of the optimal policy to address the problems. The work presents an optimisation model that takes into account all available investment options that will allow the restoration of the lake to a sustainable level, and determines the best portfolio of investment and operating policy to allow the ecosystem to recover while maintaining the financial stability of the area.
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Name	Affiliation	Home page	e-mail	Total pubs
Kungolos A	Department of Planning & Regional Development, University of Thessaly		kungolos@uth.gr	22
Manakou V	Department of Planning and Regional Development, University of Thessaly, 38334 Volos, Greece			2
Tsiakis P	Process Technology Optimisation Consulting, 6 Crane Park Road, Twickenham, Middlesex TW2 6DF, United Kingdom		ptsiakis@hotmail.com	1
Tsiakis T	Department of Marketing, TEI of Thessaloniki, 57400 Thessaloniki, Greece			1