Tradeable Permits

Policy Evaluation, Design and Reform

image of Tradeable Permits

The search for cost-effective environmental policy measures has led to an increase in the use of tradeable permit systems.  This publication offers valuable lessons for applying tradeable permits and provides links between policy evaluation and policy making general.  It is for government officials responsible for the implementation and reform of tradeable permit systems, researchers concerned with their analysis and evaluation, and other stakeholders interested in the more general issues associated with environmental policy design and evaluation.



Compensating for the Impacts of Wetlands Fill

The US Experience with Credit Sales

Wetlands ecosystems are characterised by recurrent shallow inundation or saturation at or near the surface of the soil (NRC, 1995) and, based on the hydrologic regime and vegetative cover, can be categorised into wetlands types such as forested, shrub-scrub and bogs (Cowardin, et. al., 1979). Wetlands also can be described as a natural capital asset that may provide hydrologic services of flood and drought remediation, water quality services of sediment and nutrient assimilation and wildlife habitat services such as nursery and feeding area. The level of services from any particular wetlands depends on the wetlands type and its location in the landscape ...


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