Add to ORKGMarket failure is pervasive in the environmental sector, and naturally occurringmarkets are, in many cases, unlikely to produce socially optimal environmentaloutcomes. Despite this, the case for using market based instruments has recentlybecome popular in the Australian environmental policy debate. The purpose of thispaper is to survey some of the broad issues that arise in this debate. What do we meanby market based instruments, and what is the conceptual foundation for their use?What contribution can they make to Australian environmental policy? What needs tobe done to improve policy development and implementation, in order to use these newinstruments effectively
The main argument in favor of markets in environmental contexts is the same as in other contexts: th...
[Extract] From a policy perspective, it has been suggested that traditional approaches to natural re...
There is a widespread consensus among the most important players in developed countries (voters, pol...
Market failure is pervasive in the environmental sector, and naturally occurring markets are, in man...
Recent decades have seen the accelerated use of market-based instruments for environmental managemen...
The use of market-based instruments (MBIs) to provide and protect ecosystem services has gained sign...
There is rapidly growing interest in the use of market-based (MB) instruments in environmental polic...
Most markets have evolved as buyers and sellers constantly search for ways to create value, however ...
Recent years have seen widespread experimentation with market-based instruments (MBIs) for the provi...
We examine what will be required if market-based environmental policy instruments are to become a ma...
Over the past year or so, the concept of developing markets for environmental services has attracted...
[Extract] Markets and market-based instruments (MBIs) are promoted through contemporary policy and a...
Environmental policies typically combine the identification of a goal with some means to achieve tha...
In the past decade, market based instruments (MBIs) have become more frequently applied for natural ...
In this article, we provide an overview of a rather large topic: how economics can inform the select...
The main argument in favor of markets in environmental contexts is the same as in other contexts: th...
[Extract] From a policy perspective, it has been suggested that traditional approaches to natural re...
There is a widespread consensus among the most important players in developed countries (voters, pol...
Market failure is pervasive in the environmental sector, and naturally occurring markets are, in man...
Recent decades have seen the accelerated use of market-based instruments for environmental managemen...
The use of market-based instruments (MBIs) to provide and protect ecosystem services has gained sign...
There is rapidly growing interest in the use of market-based (MB) instruments in environmental polic...
Most markets have evolved as buyers and sellers constantly search for ways to create value, however ...
Recent years have seen widespread experimentation with market-based instruments (MBIs) for the provi...
We examine what will be required if market-based environmental policy instruments are to become a ma...
Over the past year or so, the concept of developing markets for environmental services has attracted...
[Extract] Markets and market-based instruments (MBIs) are promoted through contemporary policy and a...
Environmental policies typically combine the identification of a goal with some means to achieve tha...
In the past decade, market based instruments (MBIs) have become more frequently applied for natural ...
In this article, we provide an overview of a rather large topic: how economics can inform the select...
The main argument in favor of markets in environmental contexts is the same as in other contexts: th...
[Extract] From a policy perspective, it has been suggested that traditional approaches to natural re...
There is a widespread consensus among the most important players in developed countries (voters, pol...