NESP TWQ Round 3 - Project 3.1.6 - Exploring trading in water quality credits as a costeffective approach for managing water quality in the Great Barrier Reef

Region map

This project will scope opportunities for water quality credit trading, and develop trading frameworks for managing nitrogen and sediment along the Reef coast. The objective is to determine whether trading in water quality credits can cost-effectively offset emissions increases from future economic expansion, whilst ensuring that end-of-catchment pollution loads stay within designated nitrogen and sediment limits. The project will also estimate how revenues from credit trading could potentially stimulate rural economies and create jobs by incentivising innovative business opportunities.

NESP TWQ Project Page



21 January 2021 with Header.R

This is a block of R code written for NESP Tropical Water Quality Hub Project 3.1.6
The software uses data supplied from the Queensland Government’s Paddock to Reef (P2R) modelling system, and other publicly available data, to generate plots of supply curves for water quality credits in dissolved inorganic nitrogen (DIN) for the main catchments in the Wet Tropics.