Value of Pollination in the Australian Economy
Project code: PRO-017031
Project stage: Current
Project start date: Thursday, July 27, 2023
Project completion date: Thursday, May 16, 2024
National Priority: HBE-Increase capacity within research community and future industry leaders
The project will review previous studies into the economic value of pollination in Australia and overseas and review the various methods that these studies have utilized. The methods used will be evaluated against a conceptual economic framework for the valuation of impacts. The conceptual economic framework will then be implemented to provide an updated, defendable, and transparent estimate of the economic value of honey bee pollination to the Australian economy. The transparency of the analysis will facilitate future replication of the valuation exercise.
The primary object of the Project is to provide an updated, defendable, and transparent estimate of the economic value of honey bee pollination to the Australian economy, that can be replicated over time.