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http://ssrn.com/abstract=322380
 
 

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Creating Markets for Ecosystem Services


Greg Murtough


Government of the Commonwealth of Australia - Productivity Commission

Barbara Aretino


Government of the Commonwealth of Australia - Productivity Commission

Anna Matysek


Government of the Commonwealth of Australia - Productivity Commission

June 17, 2002

Productivity Commission Working Paper No. 1709

Abstract:     
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.

Number of Pages in PDF File: 76

Keywords: regulation, ecosystems, environment, biodiversity, salinity, climate

JEL Classification: Q, R

working papers series





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Date posted: October 8, 2002  

Suggested Citation

Murtough, Greg and Aretino, Barbara and Matysek, Anna, Creating Markets for Ecosystem Services (June 17, 2002). Productivity Commission Working Paper No. 1709. Available at SSRN: http://ssrn.com/abstract=322380 or http://dx.doi.org/10.2139/ssrn.322380

Contact Information

Greg Murtough (Contact Author)
Government of the Commonwealth of Australia - Productivity Commission ( email )
Level 28
35 Collins St.
Melbourne, Victoria, Victoria 3000
Australia
Barbara Aretino
Government of the Commonwealth of Australia - Productivity Commission ( email )
Level 28, 35 Collins St
Melbourne, Victoria
Australia
+64 3 9653 2201 (Phone)
+64 3 9653 2302 (Fax)
Anna Matysek
Government of the Commonwealth of Australia - Productivity Commission ( email )
Level 28
35 Collins St.
Melbourne, Victoria, Victoria 3000
Australia
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