Please use this identifier to cite or link to this item: https://hdl.handle.net/1959.11/5264
Title: Ecosystem services: a means to diffuse political land use decisions in peri-urban regions
Contributor(s): Williams, Jacqueline  (author)orcid ; Martin, Paul  (author)orcid 
Publication Date: 2009
DOI: 10.2495/ECO090271
Handle Link: https://hdl.handle.net/1959.11/5264
Abstract: Research undertaken to advance sustainable land-use in peri-urban Australia has identified the need for greater innovation in natural resource management (NRM). This requires moving from an overly regulation-dependent resource management system to an environmental market system. Under current arrangements, continued resource depletion and degradation; institutional barriers to innovative solutions, and high transaction costs in affecting change are all evident. An environmental markets policy approach would shift emphasis to a market economy and facilitate commercial innovation in the use and conservation of resources. This requires first that the environmental goods and services (or commodities) be clearly identified; and second a market structure to enable trade. Martin et al ('Concepts for private sector funded conservation using tax effective instruments' Land and Water Australia, Canberra 2007) have proposed a business model for natural resource markets using a multi-attribute, low transaction cost environmental market structure. However to develop such a model requires a consistent methodology and classification system to identify ecosystem services as viable commodities, for 'marketizing' these multiple values. A conceptual framework for identifying and valuing ecosystem services is presented using Western Sydney as a case study. The paper also argues that a science informed rather than a science led process may be a more realistic ambition for natural resource management in peri-urban Australia.
Publication Type: Conference Publication
Conference Details: ECOSUD 2009: 7th International Conference on Ecosystems and Sustainable Development, Chianciano Terme, Italy, 8th - 10th July, 2009
Source of Publication: Ecosystems and Sustainable Development VII: WIT Transactions on Ecology and the Environment, v.122, p. 279-291
Publisher: WIT Press
Place of Publication: Southampton, United Kingdom
ISSN: 1743-3541
Fields of Research (FoR) 2008: 160605 Environmental Politics
050209 Natural Resource Management
180111 Environmental and Natural Resources Law
Socio-Economic Objective (SEO) 2008: 960699 Environmental and Natural Resource Evaluation not elsewhere classified
960605 Institutional Arrangements for Environmental Protection
940299 Government and Politics not elsewhere classified
HERDC Category Description: E2 Non-Refereed Scholarly Conference Publication
Publisher/associated links: http://trove.nla.gov.au/work/36570912
http://www.wessex.ac.uk/09-conferences/ecosud-2009.html
Appears in Collections:Conference Publication

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