SEMINAR: Using Conservation Auctions: The Auctioneers Experience

Conservation auctions have been in use in natural resource management for a little more than 10 years and Australia has been a pioneer in their design and implementation. Conservation auctions seek to efficiently distribute incentives for natural resource management to overcome market failures in production which allow or cause degradation of the natural environment. While conservation auctions have been trialled, few long-term studies of impact have been undertaken and little is known about how these instruments fit with other policy approaches. This seminar will present some lessons from the implementation and evaluation of conservation auctions.