Market Based Instruments: Issues And Opportunities For Agriculture And Water Quality Services In Alberta, Canada
Free (open access)
425 - 436
G. L. Kerr & H. Bjornlund
Society is dependent on healthy ecosystems to supply crucial ecosystem services (ES) for human well-being; including quality source water for drinking, economic use and recreational opportunities. Presently human development activities are threatening many ecosystems and thereby the quality of life of our societies. Market-based instruments (MBIs) are being promoted as a valid tool to help governments manage this complex issues; however not many jurisdictions have much experience with MBIs. This paper investigates the importance of context and values for the acceptance of MBIs. Building on economic theory, we expose how landowners’ values and perspectives are important factors in their potential acceptance of MBIs for environmental management. A case study on water quality issues caused by non-point source contaminants in southern Alberta is used to look at land owners values and perspectives. The paper presents key theoretical underpinnings of the research, describes the methods used and preliminary findings are reported. We conclude with the key learnings from the work and the next steps of the overall research program. Keywords: market-based instruments, environmental objectives, water quality, non-point source, agriculture, values and perspectives.
market-based instruments, environmental objectives, water quality, non-point source, agriculture, values and perspectives.