NESP TWQ Project 3.1.6 - Exploring trading in water quality credits as a cost-effective approach for managing water quality in the Great Barrier Reef, 2017-2019 (GU)

Research Project

Researchers: Alexandra Garzon-Garcia (collaborator) ,  Ambrey, Chris (collaborator) ,  Andrew Buckwell (collaborator) ,  Australian Institute of Marine Science (Associated with) ,  Australian Institute of Marine Science (AIMS) (Associated with)
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Full description 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.

Notes Credit
This project was funded by the Australian Government's Department of Agriculture, Water and the Environment through the National Environmental Science Programme Tropical Water Quality (NESP TWQ) hub with co-investment from project partners and collaborators.

Data time period: 2017-01-01 to 28 01 2019

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