
This web-based toolkit provides decision-makers and researchers and interested members of the public with an overview of the ways in which economic (market-based) instruments and policy can be used in the marine environment to incentivise private sector adaptation to climate change. The toolkit outlines a number of potential adaptation options in marine environment under the following four broad categories: (1) fisheries management, (2) conservation management, (3) institutional arrangement, and (4) adaptation research
Outline of the toolkit:
1. Fisheries management: This section provides examples of economic instruments that have been used extensively in fisheries management. These instruments have a potential to contribute to building the resilience of both marine resource users and the fish stocks to climate change.
2. Conservation management: This section discribes examples of economic instruments being used in a broader natural resource/environmental management for conservation context (“conservation management”), and we outline their application to the marine environment.
3. Institutional arrangement: This section provides examples of instruments that have proven to be useful for strengthening institutional resilience to climate change adaptation.
4. Adaptation research: This section provides examples of climate change adaptation research, and address the need for social and economic studies.
View the Markets Toolkit