Using market-based instruments to secure water for environmental flows

Product Information

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.