Research compares market-based options to achieve better quality water flows into Great Barrier Reef
Published on 12 January, 2007
Researchers will compare the relative cost-effectiveness of 'conservation auctions' involving farmers and graziers, in order to find the best ways to improve the quality of water flowing into the Great Barrier Reef.
The research will trial conservation auctions involving landholders voluntarily bidding for financial incentives to improve their environmental practices, as opposed to older systems involving regulation and fines.
CQU researchers Professor John Rolfe (pictured) and Dr Jill Windle have won a large competitive grant for $457,000 from the national market-based instruments program to carry out the project, including case study trials in North Queensland.
Other partners in the project include River Consulting, the Burdekin Dry Tropics NRM Group and the Univeristy of Western Australia.
"We want to find out whether it is more cost-effective to change practices in the farming or grazing sectors via these environmental agreements involving incentives," Professor Rolfe said.