ecoMarkets
What are ecoMarkets? | How ecoMarkets work | The science behind ecoMarkets | EcoTender | BushTender | BushBroker
How ecoMarkets work
ecoMarkets work by creating opportunities for providers of environmental benefits, such as private landholders, to engage in partnerships with willing buyers of these benefits.
Willing buyers may be the Victorian Government seeking to obtain environmental improvements on behalf of the public or they may be private companies or individuals, such as developers, seeking to offset environmental damage through remedial actions elsewhere. They may also be ethical investors or philanthropic organisations seeking to invest in interventions that contribute to the improved health of the Victorian environment.
In Victoria, ecoMarkets are built on a suite of policy instruments, legal frameworks and practical procedures that Victorian economists, scientists and natural resource managers have been working on and refining throughout the last decade.
In this time, much work has been done to make sure ecoMarkets are readily accessible and easily understood. The process for getting involved in ecoMarkets has been tested and modified and previous participants vouch for the ease of involvement and simplicity of the approach.
