The Designer Carrots program will continue on from the great work which has already been delivered by researchers, industry, indigenous groups, regional natural resource management (NRM) groups and government agencies.

This section of the Designer Carrots site will provide you with information on how regional NRM stakeholders are getting involved in market-based instruments (MBIs) and provide you with some examples of MBIs being used for NRM. In this section there are: links to International examples of MBI programs; the National MBI Pilot Program projects; state and territory MBI programs and a series of case studies developed by the Designer Carrots Program.

There are a range of potential benefits arising from the use of MBIs including:

• increasing participation, particularly in areas with low levels of engagement
• providing transparency and accountability for investment and allocation decisions
• maximising the decision-making of land managers through increased flexibility and opportunity for innovation
• providing land managers with an appropriate and equitable payment for the provision of public goods and environmental services
• providing better mechanisms for negotiation and information transfer, particularly in obtaining property-scale biophysical and resource data
• improving the allocation of natural resources and defining property rights.