< Return to Projects

Developing Markets to Manage Ecosystems

Year Awarded: 2001
Awarded: $155,000
Team Leader:  Kieser and Associates
Tel: 269-344-7117
Email: mkieser@kieser-associates.com

This team promoted and supported market-based trading programs by conducting market research and business model development for the Great Lakes Trading Network (GLTN), including feasibility analysis and a valuation of potential ecosystem benefits of the multiple-markets approach.

A paper on the feasibility of analyzing the multiple markets concept addressed wetlands as generators of ecosystem credits and additional wetland services; greenhouse gas emissions and linkages to wetlands; multiple market trading considerations – drivers, infrastructure needs, barriers, other tradable commodities, tradable development rights, and a summary of potential future trades.

As a result of this work, the GLTN officially changed its name to Environmental Trading Network (ETN) and is now incorporated as a non-profit organization in Michigan. The ETN continues to discuss general trading issues and shares updates on its website.