The study reviews economic fundamentals of reverse auctions (RAs) and Environmental Benefit Indices (EBIs) used in the USA, Australia, and Canada. The study also recommends a framework for a Greenbelt-specific wetland restoration EBI that includes biological, hydrological, and social benefits.
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- Environmental Benefit Index for Wetland Restoration on Private Lands in the Greenbelt Region of Ontario, Canada: Literature Review and Conceptual Framework