Market-based instruments and competitive stewardship funding for biodiversity conservation: the achievable reality

Tennent, R., and Lockie, S. (2013) Market-based instruments and competitive stewardship funding for biodiversity conservation: the achievable reality. Australasian Journal of Environmental Management, 20 (1). pp. 6-20.

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Abstract

With the majority of Australia's natural resources located on privately managed land, there is an imperative for governments to engage land managers in conservation practices that maintain or improve biodiversity. Reflecting the belief that markets lead to a superior allocation of resources, market-based instruments (MBIs) are being applied to a range of environmental issues across Australia. This article reviews the outcomes of three projects that targeted biodiversity conservation on agricultural land in Central Queensland. It examines the purpose for engagement with these programs, and whether the outcomes align with eight key arguments for the use of MBIs. This study suggests that while short-term and targeted environmental goals were achieved, arguably the most important outcomes of these projects were their capacity to build support networks, foster communication between natural resource management agency staff and landholders, and promote a greater appreciation for the relationships between biodiversity and productivity.

Item ID: 30825
Item Type: Article (Research - C1)
ISSN: 2159-5356
Keywords: price based, ecosystem services, evaluation, Queensland
Date Deposited: 12 Feb 2014 00:30
FoR Codes: 16 STUDIES IN HUMAN SOCIETY > 1608 Sociology > 160801 Applied Sociology, Program Evaluation and Social Impact Assessment @ 30%
16 STUDIES IN HUMAN SOCIETY > 1608 Sociology > 160802 Environmental Sociology @ 40%
16 STUDIES IN HUMAN SOCIETY > 1608 Sociology > 160804 Rural Sociology @ 30%
SEO Codes: 96 ENVIRONMENT > 9606 Environmental and Natural Resource Evaluation > 960601 Economic Incentives for Environmental Protection @ 50%
96 ENVIRONMENT > 9607 Environmental Policy, Legislation and Standards > 960704 Land Stewardship @ 50%
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