Market Based Instruments <h2>New Markets: buying and selling environmental goods and services</h2> <p>Market-based Instruments (MBIs) are frameworks for buying and selling environmental goods and services. For a producer, MBIs provide structures and processes for selling aspects of their land stewardship; like selling cattle at the regional stockyard. A producer might sell:</p> <ul> <li>clean runoff water,</li> <li>endangered grasslands,</li> <li>remnant woodlands or</li> <li>even carbon captured through growing new farm forests.</li> </ul> <p>Rather than going to the stockyard, the instruments used to sell these goods and services are auctions, offsets, cap-and-trade and credit systems.</p> <p>In Natural Resource Management (NRM), MBIs work by providing a framework for a market exchange between buyers of environmental services (such as government agencies, regional NRM bodies or licensed polluters), and willing sellers of these services (such as landholders).</p> <p><strong>Download Fact Sheet&raquo;</strong> <a onclick="" href="../../../../../../products/PN22003">New Markets: Buying and Selling Environmental Goods and Services</a></p> 2009-04-08T07:28:01Z 2009-04-22T01:37:43Z