Voluntary conservation covenant( can be linked to financial payments) |
Binding contract for land management and outcomes. Contract on title so persists into perpetuity. E. g.:
� State government conservation covenant
� Trust for Nature
� Qld Nature Refuge
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� Conservation covenant is on title and applies in perpetuity
� Contract could be linked to financial payments for the upfront signing and ongoing management of the land under covenant. This would be subject to negotiation.
� Could be linked to other organizations such as Trust for Nature to administer the conservation covenant through a revolving fund
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� Conservation covenant applied at the state government level( which have geographical restrictions)
� Management agreement is not attached to title so not binding on future owners / managers
� Needs monitoring and compliance assessment to ensure the benefits are maintained
� Voluntary so unlikely to attract all of the target landholders
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Voluntary management agreements( can be linked to financial payments) |
Non-binding agreement for land management and outcomes. E. g.:
� LDC currently has management agreements
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� Introduction to a relationship with LDC / water quality programs
� Could lead to an agreement on title
� Flexibility
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� Management agreement is not attached to title so not binding on future owners / managers
� Needs monitoring and compliance assessment to ensure the benefits are maintained
� Voluntary so unlikely to attract all of the target landholders
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Industry codes / selfregulation |
� Grazing BMP � Smartcane BMP � My BMP( cotton) � ISO 14001 |
� Reward those at the top end as a form of social recognition
� Could engage landholders who have been difficult to engage with before
� Can use the grazing BMPs as a stepping off point
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� Requires third party verification to hold any weight.
� Self-regulation is highly unlikely to achieve adoption at sufficient scale to make a substantive difference
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Financia
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Grants |
Direct once-off financial payment usually towards on ground works. Usually involves cost-sharing and a contract. E. g.:
� Over the fence grants( BBB)
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� Well known and understood |
� Flat rate usually does not reward innovation |
Landholders driving change: Exploring new incentives | 21 |