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A 50/50 Ratio – Why?. Dr Beth Clouston. Outline. Cost Sharing Frameworks Benefit Cost Analysis “Rules of Thumb” Tenders. Assume Beneficiary Pays Aim to fund gap between public and private benefits. Cost Sharing Frameworks. $. Costs. D. C. Benefits of Improved NRM. 0. A
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A 50/50 Ratio – Why? Dr Beth Clouston
Outline • Cost Sharing Frameworks • Benefit Cost Analysis • “Rules of Thumb” • Tenders
Assume Beneficiary Pays Aim to fund gap between public and private benefits Cost Sharing Frameworks $ Costs D C Benefits of Improved NRM 0 A (Landholder Benefit) B (Public Benefit)
Benefit Cost Analysis • Scale • Lack of information and markets • Time and Money
“Rules of Thumb” • Assume public benefit • Assess private costs and private benefits • Gap/Total Cost provides rule • Potential for adverse selection
Tenders for Conservation Contracts • Costs provided by landholders • Indices ( “metrics”) measure environmental benefits • Possible tool for capturing actions and outcomes
Further information Approaches to Cost sharing Incentives for improved NRM and much more www.regionalnrm.qld.gov.au