Exploring trading in water quality credits as a cost-effective approach for managing water quality in the Great Barrier Reef
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Hasan, Syezlin
Volders, Adrian
McMahon, Joseph M.
Curwen, Graeme
Saint Ange, Chantal
Fleming, Christopher M.
Burford, Michele
Tan, Poh-Ling
Garzon-Garcia, Alexandra
Burton, Joanne M.
Dew, Peter
Edeson, Greg
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Abstract
This project will scope opportunities for water quality credit trading, and develop trading frameworks for managing nitrogen and sediment along the Reef coast. The objective is to determine whether trading in water quality credits can cost-effectively offset emissions increases from future economic expansion, whilst ensuring that end-of-catchment pollution loads stay within designated nitrogen and sediment limits. The project will also estimate how revenues from credit trading could potentially stimulate rural economies and create jobs by incentivising innovative business opportunities.
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© Griffith University, 2020. Exploring trading in water quality credits as a cost-effective approach for managing water quality in the Great Barrier Reef is licensed by the Griffith University for use under a Creative Commons Attribution 4.0 Australia licence. For licence conditions see: https://creativecommons.org/licenses/by/4.0/
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Environment and resource economics
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Hasan, S; Smart, J; Volders, A; McMahon, J; Curwen, G; Saint Ange, C; Fleming, C; Burford, M; Poh-Ling, T; Garzon-Garcia, A; Burton, J; Dew, P; Edeson, G, Exploring trading in water quality credits as a cost-effective approach for managing water quality in the Great Barrier Reef, 2020