Australia is leading the world in the measurement of its natural capital thanks to a brilliant idea hatched by a group of scientists more than 13 years ago.
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Subscriber only A local natural resource management group has been chosen to be part of a new pilot program which will see farmers being paid for the biodiversity benefits of mixed-species tree plantings. Burnett Mary Regional Group is one of just six natural resource management groups across Australia to have been selected for the Carbon + Biodiversity Pilot. Launched last week, the program is being delivered under the government s Agricultural Stewardship Package. As part of the pilot, the Australian National University has created the processes and protocols that measure and reward farmers for undertaking the plantings, delivering a system that will be respected by international markets.
The Hon David Littleproud MP
Minister for Agriculture, Drought and Emergency Management
The Australian Farm Biodiversity Stewardship Pilot will pay farmers for biodiversity in combination with planting trees for carbon gains
The pilot gives farmers the chance to diversify their income and drought proof their businesses
This will make farm businesses and regional communities more resilient
Farmers in six different trial regions will soon have the chance to diversify their farm income and improve their drought resilience as part of a new Australian Government trial launched today.
Minister for Agriculture David Littleproud said the Carbon+Biodiversity pilot, being delivered under the government’s Agricultural Stewardship Package, will see farmers being paid for the biodiversity benefits of mixed-species tree plantings on top of eligible carbon projects.
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