Discovery Projects - Grant ID: DP220100359

Funding Activity

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Funded Activity Summary

Managing Carbon Offsets to Improve Australian Climate Policy Effectiveness. This project aims to evaluate the Emissions Reduction Fund-Australia’s flagship climate policy-by using a combination of state-of-the-art theoretical and experimental economic methods. This project expects to generate new knowledge by investigating how the use of aggregators (intermediaries) and contract design impact the current regulation. Expected outcomes of this project include a clear scholarly understanding of how to redesign the regulatory system to deliver better environmental outcomes for less public funds. The insights gained should provide significant benefits to both Federal and State Australian policymakers (as well as policymakers worldwide) on the design and implementation of carbon offsetting mechanisms.

Funded Activity Details

Start Date: 08-04-2022

End Date: 07-04-2025

Funding Scheme: Discovery Projects

Funding Amount: $237,757.00

Funder: Australian Research Council