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market based instruments

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.

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Optimising participation in conservation auctions

Lessons for the design and implementation of competitive tenders

Market-based instruments for achieving conservation outcomes are being implemented by Australian governments and regional natural resource management organisations with increasing regularity. Their benefits are argued to include: increased flexibility in resource management, improved individual incentives and application of specialist site knowledge to management, achievement of outcomes at lower cost, and greater adaptability to ever changing goals. This fact sheet is based on the report (more)...

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Encouraging Participation in Market Based Instruments and Incentive Programs

This is the final report of the LWA funded research project CSU29. The goal of this research project has been to understand how to improve the design and delivery of MBIs and incentive programs to increase the participation of landholders. Low levels of participation can reduce the ability of programs to achieve their desired outcomes, as well as reduce their efficiency. To understand how to increase landholder participation, answers to (more)...

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Thinking Bush - Issue 6

Vegetation reporting and monitoring

Articles in this issue by the National Land & Water Resources Audit (the Audit) and the Bureau of Rural Science (BRS) emphasise the need for nationally consistent information collation and reporting mechanisms. All states and territories have invested considerable time and effort to describe, map and better understand their vegetation extent and composition. Through a collaborative effort with the states, territories and supporting (more)...