Case Studies of Market Based Instrument Applications

  • 69 pages

  • Published: 5 Mar 2009

  • Author(s): Coggan, Anthea, Whitten, Stuart M., Reeson, Andy, Shelton, Dave

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The aim of this project is to address practical application of market based instruments by building the capacity of regional communities in Australia to initiate markets for ecosystem services. In recent times, use of market-based instruments to facilitate enhanced protection or production of ecosystem services has achieved a high public profile through the development of water markets and the initiation of the National Market Based Instruments Pilots Program among others. However, much work remains to apply these tools in practice.
Companion volume 2: ‘Case Studies’ giving flavour to the MBI concept by presenting six MBI investigations, some of which have now been implemented. The intended audience includes those wanting to understand real world application of MBIs or requiring more detailed examples of implementation. This volume illustrates the diversity of MBI opportunities, and demonstrates real world application of key concepts in consideration, design and application.