Queensland Policy and Research Units involved in MBIs

Environmental Protection Agency

Environmental Economic

• Water quality offsets
• Nutrient trading – a cap and trade mechanism
• Water quality metrics
• Environmental offsets

Contact EPA Strategy and Policy Division (07) 3225 1278

Conservation Services

• Nature Assist is the incentive component of Queensland’s Nature Refuge Program. NatureAssist provides financial assistance for landholders who actively manage the natural and/ or cultural assets of their property.

Contact number 1800 603 604.

Department of Natural Resources and Water (NRW)

Economic Services

• Vegetation management offsets a new NRW policy for vegetation management offsets (PDF, 208 kB)* came into effect on 23 August 2007, and was amended on 28 September 2007 to correct minor errors. Under this policy, offsets are a means of meeting relevant performance requirements of an applicable code (such as a regional vegetation management code) under the Vegetation Management Act.

Water trading

In Queensland, water trading includes the buying and selling of water allocations or the water available under a water entitlement (i.e. water licences, interim water allocations or water allocations). In certain parts of the state, interim water allocations can also be permanently transferred.

Queensland’s expanding water markets are making it possible for users to respond more quickly to new business opportunities. Trading will provide certainty, encourage investment in new technologies, promote better water management strategies, and increase environmental protection.

See Water trading: an overview of Queensland water markets (PDF 102 kB)* for more information.

Environmental Economics Program in the Centre for Environmental Management at Central Queensland University

Click here for information on their programs Environmental Economics Program

Experimental Economics, Griffith University

Click here for information on Australian Rivers Institute
programs by Dr John Tisdell.