Estimating the potential supply of environmental services by landholders. Wilderness, natural habitats, biodiversity and other aspects of natural capital and their associated ecosystem services are in decline. Increasing scarcity is driving a surge in interest in these services and their value. It potentially provides opportunities for landholders to be generating income from environmental services provision, and lessens dependency on livestock, crop and fibre production. But how realistic are t ....Estimating the potential supply of environmental services by landholders. Wilderness, natural habitats, biodiversity and other aspects of natural capital and their associated ecosystem services are in decline. Increasing scarcity is driving a surge in interest in these services and their value. It potentially provides opportunities for landholders to be generating income from environmental services provision, and lessens dependency on livestock, crop and fibre production. But how realistic are these prospects? A critical aspect of potential markets for environmental services is their supply. This project examines the supply side of environmental services by exploring determinants of ability and willingness of landholders to provide these services.Read moreRead less
Discovery Early Career Researcher Award - Grant ID: DE160101306
Funder
Australian Research Council
Funding Amount
$373,848.00
Summary
Valuing the non-market benefits of mine site rehabilitation. This project aims to improve decisions about mine site rehabilitation. Mining causes environmental damage, which mine operators are legally required to rehabilitate. Although companies invest considerably in mine site restoration and biodiversity offsets, we don’t know whether their practices match public preferences for rehabilitation outcomes. Filling this knowledge gap is challenging because the benefits of rehabilitation (eg biodiv ....Valuing the non-market benefits of mine site rehabilitation. This project aims to improve decisions about mine site rehabilitation. Mining causes environmental damage, which mine operators are legally required to rehabilitate. Although companies invest considerably in mine site restoration and biodiversity offsets, we don’t know whether their practices match public preferences for rehabilitation outcomes. Filling this knowledge gap is challenging because the benefits of rehabilitation (eg biodiversity) are not traded in markets. This project aims to address these challenges by estimating, in monetary terms, the values provided by mine site restoration. By identifying these values, the project expects to contribute to improving the design of mine rehabilitation standards, and will enable future policy decisions to be more closely aligned with society’s preferences.Read moreRead less
Do scientist and public preferences diverge? Analysing expert and public preferences for environmental and social outcomes for the Swan River. Expert judgements and public preferences may be quite different, so when can organisations rely on experts, how serious is the divergence, and when does it matter? In a case study of Perth's iconic Swan River, the project will explore this issue and its consequences for decision makers, to assist the Swan River Trust in their future decision making.
Modelling Payments for Environmental Services on Indigenous held lands. Payments for environmental services (PES) such as fire management have potential to provide employment to indigenous people managing land that has previously been thought to hold no commercial value. In so doing it could transform the economies of the very remote parts of Australia where indigenous people live. For these schemes to work, however, greater understanding is required not only of the willingness of society to pay ....Modelling Payments for Environmental Services on Indigenous held lands. Payments for environmental services (PES) such as fire management have potential to provide employment to indigenous people managing land that has previously been thought to hold no commercial value. In so doing it could transform the economies of the very remote parts of Australia where indigenous people live. For these schemes to work, however, greater understanding is required not only of the willingness of society to pay for environmental services in northern Australia but also of the perceptions of the indigenous people who are providing these services. Choice modelling can (1) quantify values of different environmental services in different sectors of society and (2) help allocate the payments for environmental services efficiently.Read moreRead less
Innovation in agricultural sector Green House Gas abatement in NSW. This project aims to develop a land sector greenhouse gas abatement, food production and environmental economics model for NSW. We expect to identify innovation in carbon payment policy and brokerage business models to achieve agricultural GHG abatement, while simultaneously improving sustainability. Expected outcomes include evaluation of the innovations of expert landholders, related businesses and governments to find ways to ....Innovation in agricultural sector Green House Gas abatement in NSW. This project aims to develop a land sector greenhouse gas abatement, food production and environmental economics model for NSW. We expect to identify innovation in carbon payment policy and brokerage business models to achieve agricultural GHG abatement, while simultaneously improving sustainability. Expected outcomes include evaluation of the innovations of expert landholders, related businesses and governments to find ways to influence land use decisions. This should provide significant benefits to landholders, governments involved in land management and the public through increased productivity, profitability, biodiversity and ecosystem health in the context of future climate, agricultural commodity and carbon market uncertainties.Read moreRead less
Integrating economics and science for land, water and biodiversity policy. Australian government programs for land and water conservation involve expenditure of billions of dollars, combined with much larger contributions from program participants. However, various problems with these programs have been identified. This research will assist program investors to better target funding, to employ more appropriate policy mechanisms, and to operate in a cost-effective way, achieving the most highly v ....Integrating economics and science for land, water and biodiversity policy. Australian government programs for land and water conservation involve expenditure of billions of dollars, combined with much larger contributions from program participants. However, various problems with these programs have been identified. This research will assist program investors to better target funding, to employ more appropriate policy mechanisms, and to operate in a cost-effective way, achieving the most highly valued environmental outcomes that can be achieved with the available budget. The project will develop improved theories, frameworks and economic models, integrating information from physical, biological and social sciences, and decision tools for use by environmental decision makers.Read moreRead less
Analysis of Possible Rules for Interstate Water Trading by the Australian Capital Territory. Rules will be studied and modelled for allowing ACT water trading with other states, within an agreed abstraction cap. The aim is to find administrative, constraining and price-setting rules that maximise the economic gain of trading to Australia, bearing in mind environmental constraints, infrastructure costs, transaction costs, and equity. Innovative challenges for the rules will be allowing ACT to se ....Analysis of Possible Rules for Interstate Water Trading by the Australian Capital Territory. Rules will be studied and modelled for allowing ACT water trading with other states, within an agreed abstraction cap. The aim is to find administrative, constraining and price-setting rules that maximise the economic gain of trading to Australia, bearing in mind environmental constraints, infrastructure costs, transaction costs, and equity. Innovative challenges for the rules will be allowing ACT to sell water now but buy it back later, thus providing for long term population growth; and handling the differences between ACT's spare storage capacity and urban uses, and the downstream irrigation uses with which trade is most likely.Read moreRead less