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Incentives for ecosystem service supply in Australia's Murray-Darling Basin

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  • Onil Banerjee
  • Rosalind Bark

Abstract

For Australia, the Murray-Darling Basin is a significant ecological and socioeconomic asset. During the Millennium Drought (1997 - 2010), severe ecosystem service losses provided impetus for water policy reform. With around $8.9 billion committed, the Commonwealth's two-pronged water recovery strategy is to purchase water entitlements for the environment and support investment in improving irrigation infrastructure efficiency. In this paper, we consider the design of a complementary payment for ecosystem services pathway which using water as payment can provide incentives for local ecosystem service supply.

Suggested Citation

  • Onil Banerjee & Rosalind Bark, 2013. "Incentives for ecosystem service supply in Australia's Murray-Darling Basin," International Journal of Water Resources Development, Taylor & Francis Journals, vol. 29(4), pages 544-556, December.
    • Handle: RePEc:taf:cijwxx:v:29:y:2013:i:4:p:544-556
    DOI: 10.1080/07900627.2013.769489
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    Cited by:

    1. Matzek, Virginia & Wilson, Kerrie A. & Kragt, Marit, 2019. "Mainstreaming of ecosystem services as a rationale for ecological restoration in Australia," Ecosystem Services, Elsevier, vol. 35(C), pages 79-86.
    2. Banerjee, Onil & Crossman, Neville & Vargas, Renato & Brander, Luke & Verburg, Peter & Cicowiez, Martin & Hauck, Jennifer & McKenzie, Emily, 2020. "Global socio-economic impacts of changes in natural capital and ecosystem services: State of play and new modeling approaches," Ecosystem Services, Elsevier, vol. 46(C).
    3. Emmanuel Okiria & Muhamad Khoiru Zaki & Keigo Noda, 2021. "A Review of Payment for Ecosystem Services (PES) in Agricultural Water: Are PES from the Operation of Agricultural Water Control Structures Ubiquitous?," Sustainability, MDPI, vol. 13(22), pages 1-12, November.

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