Photo from wikipedia
Biodiversity offset credits in New South Wales are transacted within a regulatory environment defined by complex trading rules and many different types of biodiversity credits that create thin markets and… Click to show full abstract
Biodiversity offset credits in New South Wales are transacted within a regulatory environment defined by complex trading rules and many different types of biodiversity credits that create thin markets and high transaction costs. This paper describes a market designed to facilitate efficient and effective transactions. The market includes a search algorithm to identify who can trade with whom, according to the regulatory constraints, and an online trading platform to facilitate efficient price discovery and allocation of offset contracts.
Journal Title: Environmental Research Letters
Year Published: 2023
Link to full text (if available)
Share on Social Media: Sign Up to like & get
recommendations!