This project aims to analyse socio-cultural benefits and risks in the two significant environmental markets of carbon and water across three sites in Australia and Timor-Leste. Research into market-based policies to manage significant environmental issues is yet to fully consider socio-cultural dimensions. This project intends to document local community producers, distant investor and consumer perspectives, and incorporate these perspectives into methods for improving the operation and impact of these expanding markets. By undertaking the first systematic comparison across resources and sites, the project expects to fill a key gap in environmental scholarship and contribute to international strategies to improve social and environmental outcomes in market-based environmental policy.
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