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Creating markets for ecosystem services

  • Greg Murtough

    (Productivity Commission)

  • Barbara Aretino

    (Productivity Commission)

  • Anna Matysek

    (Productivity Commission)

Registered author(s):

    Ecosystem services are the functions performed by ecosystems that lead to desirable environmental outcomes, such as air and water purification, drought and flood mitigation, and climate stabilisation. Markets rarely exist for them. This study examines how newly defined property rights have been used to create markets in Australia and the United States. The Commission found that creating these markets - such as tradeable credits for carbon sequestration - can be an effective way for governments to achieve their environmental goals.

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    File URL: http://128.118.178.162/eps/urb/papers/0207/0207001.pdf
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    Paper provided by EconWPA in its series Urban/Regional with number 0207001.

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    Length: 80 pages
    Date of creation: 08 Aug 2002
    Date of revision:
    Handle: RePEc:wpa:wuwpur:0207001
    Note: Type of Document - Word 97; prepared on IBM PC; to print on HP; pages: 80; figures: nil
    Contact details of provider: Web page: http://128.118.178.162

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