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Market Based Instruments

Breaking through the Equity Barrier in Environmental Policy

The main hypothesis underlying this study was that judgments of equity or fairness are sensitive to context, but not in a random way. We designed a two-pronged approach for equity judgments regarding water allocation policies in Western Australia.

Achieving Coordinated Landscape-scale Outcomes with Auction Mechanisms

This project will apply recent advances in auction theory together with CSIRO’s experience of conservation tenders around Australia to develop principles for auction design that are capable of delivering efficient, coordinated outcomes across landscapes

Encouraging Participation in Market-based Instruments and Incentive Programs

The project outlines how to improve the design, delivery and communication of Market Based Instruments (MBIs) and incentive programs to increase the participation of landholders.

Market Based Instruments

New Markets: buying and selling environmental goods and services

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:

People, Practice and Policy

A review of social and institutional research