Environmental Economics

As competition for natural resources grows, protection of environmental assets and values will become increasingly important in tandem with sustainable development. Environmental economics is primarily concerned with evaluating, designing and implementing policies to address market failures, which lead to under supply of environmental goods and services.

The discipline of environmental economics encompasses:

Cost-benefit analysis of environmental regulations
Design and analysis of policies and financial incentives for managing environmental externalities, including market-based instruments (e.g. levies and taxes, tradeable entitlement systems, labelling schemes, environmental bonds, reverse auctions and environmental offset schemes);
Governance arrangements for environmental management
Strategic investment frameworks for conservation projects and programs, including public-private partnership models
Environmental valuation using a range of non-market valuation techniques

Synergies’ environmental economics team has extensive expertise in all these areas. Examples of our project work includes:

Advice and economic analysis on urban waste management, landfill, recycling, and container deposit refund schemes
Agri-environmental policies for addressing non-point sources of pollution (e.g. nutrient discharge into waterways from agriculture)
Fisheries resource management and economics of marine parks
Minesite rehabilitation policies and dewatering
Policies and governance arrangements for improving the efficiency of environmental watering in the Murray Darling Basin
Economics of water recycling
Value of urban green space and improved amenity through urban renewal

Environmental Economics

Our Environmental Economics specialists

Euan Morton

Martin van Bueren

Search

Find out how Synergies can support you

Subscribe for updates