Financial incentives can effectively enhance the exchange of information and knowledge. This approach can expedite governmental access to accurate, up-to-date data at a reduced cost. For instance, reduced licence fees if the operator commits to sharing the data with governmental entities

Prerequisites:

• Institutional & political interest and support for utilising EO technologies for services

• Understand national

policies and identify national policies that utilise EO data

• Identify and build relationships with stakeholders involved in policy implementation

• Access to EO data, data processing and analysis capabilities

EO data processing capabilities

Cost:

• Ballpark: USD 20k–250k

• Includes: literature review and baseline study, stakeholder consultations report drafting and validation, legal review, parliamentary passage/decrees if needed

Timeframe:

• Overall: 6–12 mo

• Phase: scoping (1–2 mo), consultation (2–4 mo), drafting (2–4 mo), validation (1–2 mo)

Pros:

• Low-Cost Data Access - Fosters access to EO data at a very low cost

• Internal Development - Stimulates the ecosystem

Considerations:

• Long-Term Threat - Can create a long term shortfall due to reduced/no licensing fees

• Stifling Innovation - Can hinder innovation due to reduced profitability for the providers