Natural capital is being integrated into decisions being made by government and the private sector to develop a thriving economy and environment.
Through our economic research we:
- help decision-makers, NSW agencies and businesses better understand how both the economy and the environment can be included in the bottom line
- apply the detailed rules needed for well-functioning markets through a new field of economics known as ‘market design’
- quantify community preferences and the services nature provides by understanding the value people put on improvements and initiatives that involve nature, such as going to the beach or visiting a national park.