LDC New Incentives Report | Page 40

� Completion of specific training courses in land management and verified implementation of identified components; � Property management planning( PMP) and verified implementation of key components; � Conducting financial planning with accredited planner; and � Implementing approved sediment management activities( stick dams etc). Outcomes could include:
� Land management categorisation change( such as shifting from C to B – proxy for sediment reduction); � BMP accreditation; and � Verified water quality improvements.
See RECOMMENDATIONS 2, 3 and 4 in Section 4
3.2.7 What is possible in current and future institutions and governance frameworks
Incentive programs need to fit the institutional context in which they are applied, that is, the implementing organisation needs to have the capacity to plan for, finance, implement and administer the incentive scheme. The long term nature of targets envisaged under the Reef 2050 Plan makes this extra important. Key institutional factors to consider include:
� The long term program objectives and available budget; � The spatial and temporal reach of the intended program; �
The skills and capacity( particularly technical) of the implementing organisation; and � The institutional authority or mandate, including insurances and standard maintenance.
Some incentives, such as cap and trade and offsets, require regulatory power to set a cap or an offset approval condition, so can only be established by state or federal governments( although third parties can play related roles such as market brokering). Rate rebates can only be offered by the rateable authority( local government) and tax concessions by the Australian Taxation Office.
NQ Dry Tropics( and all Queensland Natural Resource Management bodies) are non-statutory, so have no statutory powers or designated responsibilities. The scale and timeframe of the LDC project( BBB catchment, 2018-2021) also constrain the ability to trial and evaluate some types of incentives. As a collaborative project, however, the LDC project has the potential to influence the development and trial of incentives and supporting institutional arrangements that reach beyond the current authority and capacity of NQ Dry Tropics. Pathways to influence the broader context of grazing incentives and disincentives are discussed further in the recommendations.
See RECOMMENDATIONS 5 and 6 in Section 4
38 | Landholders driving change: Exploring new incentives