Mr Gary Stoneham

Gary Stoneham has played a leading role in developing the use of market-based instruments for allocating scarce resources in natural resource management.

An applied policy economist for more than 25 years, Gary has helped to better harness and target market forces so that they work to reward more sustainable practices by landholders and others. He is currently Chief Economist with the Victorian Department of Sustainability and Environment.

Through the Fellowship Gary intends to review the Australian experience with market based instruments and the role of science in the design of instruments. He intends to draw on leading work in contemporary economic theory to look at improvements in the design of environmental policy, especially for non-point source issues such as salinity that are typical in a rural context.