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| Whitten, Stuart M.; Coggan, Anthea; Reeson, Andrew; Gorddard, Russell J.. |
| The use of market-based instruments (MBIs) to provide and protect ecosystem services has gained significant attention in Australia. Despite their popularity, MBIs are not appropriate for the provision of all ecosystem services. Rather, MBIs must be carefully designed given the ecosystem service outcomes desired, while meeting the needs of participants. In this paper we detail the importance of a robust theoretical structure to underpin the selection and design of an MBI. In particular, we demonstrate the role of identifying and analysing the nature of the market failures present, and their implications for instrument design. Our conclusions are illustrated using several regional MBI case studies. |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Market failure; Market based instrument; Incentives; Marketing. |
| Ano: 2007 |
URL: http://purl.umn.edu/10441 |
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| Whitten, Stuart M.; Coggan, Anthea; Pert, Petina; Sherman, Bradford. |
| Choosing a mechanism to encourage landholders to change their land management in order to deliver environmental outcomes is a complicated process. Careful instrument selection may count for little if uptake and adoption are insufficient to meet performance targets. Similarly, investors may require assurance that the proposed investment will deliver the stated goals. In order to reduce the uptake uncertainty facing policy makers we evaluate and describe several possible methods to guide and frame adoption targets. We conclude that referring to past adoption experience of a wide range of mechanisms offers the best approach to setting feasible adoption targets for future mechanisms. We call this adoption points of reference. This approach is tested by... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Adoption targets; NRM investment; Reasonable assurance; Water quality. |
| Ano: 2009 |
URL: http://purl.umn.edu/47940 |
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| Coggan, Anthea; Whitten, Stuart M.; Bennett, Jeffrey W.. |
| The lack of appropriate incentives through conventional markets is a major cause of deterioration of biodiversity on private land. In response, governments often intervene through changing the incentives faced by landholders. There are, however, potentially many ways that the incentives to private landholders could encourage improved conservation of native vegetation on private lands. These policies and incentives leverage change in different ways and are suited to differing opportunities and objectives and incur different costs. Our goal in this paper is to provide some guidance to support incentive selection and design decisions. We initially develop a framework for incentive decision, design and implementation. The framework is supported and illustrated... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Biodiversity; Incentives; Private land; Resource /Energy Economics and Policy. |
| Ano: 2007 |
URL: http://purl.umn.edu/10397 |
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