Adoption of New Land Management Practices through Conservation Insurance - National Market-based Instruments Program Project report
Final report for MBI project 8
Prepared by EconSearch Pty Ltd
January 2006
PDF file
About this report
Studies in both the United States and Australia have identified risk as a key barrier to dryland farmers adopting sustainable farming practices. Coupled with this, is the observation that many of the adverse impacts of land management practices on natural resources, such as wind erosion, dust storms, dryland salinity and degradation of water resources, occur beyond the boundaries of individual properties. These two factors suggest that if the risks associated with the adoption of sustainable farming practices can be reduced, significant and broad public benefits will result.
This project is a scoping study into the use of insurance as a means of supporting changes in farming practices where risk is perceived to be a major barrier to implementation. The Lower Murray region, specifically within the northern Murray Mallee in South Australia, was used as a case study area.
This report incorporates the four Working Papers that have been published for this project (EconSearch 2004, 2005, 2006a and 2006b) into a single document, in which all of the issues associated with the use of insurance as a means of increasing the adoption of conservation farming practices are addressed.
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