ECONOMICS OF REMNANT NATIVE VEGETATION CONSERVATION ON PRIVATE PROPERTY
Abstract
This report summarises the results of the project Economics of remnant native vegetation conservation on private property. The project ran from June 1996 to November 1999 The main project objectives were to: 1. identify and characterise the remnant native vegetation (RNV) on private land in the study areas (North-east Victoria and the Murray catchment in New South Wales); 2. estimate the market economic value of these remnants; 3. estimate the non-market economic value associated with these remnants; and 4. recommend mechanisms by which the values identified in objectives 2 and 3 could be translated into policies and incentives for remnant vegetation conservation.
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