Activating markets to create incentives for improved soil management literature scoping study

The project developed a user manual for selecting, adapting and where necessary, creating and implementing market-based instruments.

Market-based instruments involve the identification or creation of financial or other incentives and, where needed, the removal or reduction of disincentives, for improved soil management within consumer or other markets.

The team of researchers from CSU, UTAS, USQ and UON working on this output developed potential project ideas in this area. They identified key issues and stakeholders, clarified program objectives and scoped out potential project areas.

They liaised with Soil CRC industry partners to clarify issues, provided an overview of market-based incentives, gauged their support for proposed projects and got insights into potential modifications to future projects.