Major BHP has announced three recipients of its grants program aimed at driving the development of the blue carbon market, with the miner providing A$5-million over three years. Deakin University’s Blue Carbon Lab has been tipped as one of the recipients, with the program restoring coastal wetlands through low-cost strategies and supporting the uptake of blue carbon restoration projects through tidal reinstatement along Victoria’s coastline.
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The fishing practice has been identified as a significant danger to multiple threatened and protected marine species, including dugongs, dolphins, turtles and some sharks.