Using market-based instruments to secure water for environmental flows 2008-02-01T04:06:28Z 2009-07-01T02:49:47Z Using market-based instruments to secure water for environmental flows D Collins D Collins Over recent decades the extractive use of water in Australia has dramatically increased, leading to greater agricultural production and, in many instances, to the degradation of riverine ecosystems, loss of productive land and impacts on water quality and biodiversity. In response, Australian governments’ are progressing a range of water policy reforms, with recent inter-governmental agreements committing in excess of $1b to enhancing flows and environmental outcomes along the Snowy and Murray Rivers. PF061219 PF061219 yes