An Investigation into the Net Benefits of Revegetating Agricultural Land with Indigenous Species in the Dryland Section of the Goulburn-Broken Catchment Area
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Benefits ascribed to the revegetation of farming landscapes include enhancement of
biodiversity, reduction in the advance of dryland salinity, sequestration of greenhouse
gases, control of soil erosion, greater protection of agricultural activities from adverse
weather conditions and an improved aesthetic value of rural lands. In this paper,
economic analyses were performed to determine the net benefits to landholders of
carrying out revegetation. Where the net benefits were insufficient to allow reasonable
returns to be earned on the investment of marginal capital, an assessment was made of
the amount and type of assistance that would be necessary to encourage landholders
to adopt this improved system of land management.