BushTender biodiversity conservation in Australia

Abstract

BushTender is a voluntary incentive scheme for private landholders wishing to protect and better manage native vegetation on their land. Landholders participate in a competitive tender process in exchange for the provision of biodiversity benefits. Landholders determine their own price for the agreed management. This price forms the basis for their bid, which is compared with the bids from all other participating landholders. Successful landholders whose bids are accepted for their best value receive periodic payments for their services under management agreements signed between the landholder and the Department of Sustainability and Environment.