grant

Development of an offset financial contribution calculator for Reef Trust [ 2015-07-01 - 2016-03-31 ]

Research Grant

[Cite as https://purl.org/au-research/grants/nesp/twq/3.12]

Researchers Martine Maron

Brief description

This project will progress an approach for incorporating environmental offsets into the Reef Trust through development of a prototype calculator to assist potential approval holders and relevant agencies in determining appropriate financial payments as offsets under the Reef Trust. It will extend the methodology currently used to calculate terrestrial offsets to the marine setting. It will delineate clearly the differences in applying such a calculator to the marine–catchment continuum and terrestrial settings. A draft prototype will be tested for its consistency with operational needs and practicality among key stakeholders.

Notes In addition to the NESP funding, this project is matched by an equivalent amount of in-kind support and co-investment from project partners and collaborators.

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