Good News: Australia’s Biodiversity Credits Aim to Support Farmers and Conservation



Australia is launching a program to reward landholders for conducting biodiversity-enhancing projects, Bloomberg News reports. The government will award these credits to conservation projects that can prove a measurable, positive impact on biodiversity. These include projects that protect waterways, improve drought resilience, and provide habitat for native species. 

This conservation initiative comes as Australia suffers a staggeringly high extinction rate — nearly 10% of the country’s land mammals since before colonization have gone extinct — and over 1,700 native plant and animal species are currently endangered. 

The payments will both cover the cost of the projects and award additional biodiversity credit. These will operate similarly to Australia’s carbon credits, which recipients can sell to other businesses or back to the government. Australia’s Clean Energy Regulator will oversee both programs. 

In the months ahead, the government will determine the details of the program, such as how exactly the credits will be verified and measured. 
“This is a chance to support farmers using their knowledge and expertise in a way that benefits us all — a chance to shape a better future,” Prime Minister Anthony Albanese said in a press release.

- Advertisement -spot_img

Latest Stories

Good Libations: Sipping on Seedlip

With trends like dry (or damp) January popularizing consumer experimentation in the realm of non-alcoholic cocktails,...

A San Diego Coffee Roastery Delivers a Delicious Cuppa Using Solar Power and an Electric Mini Cooper

Behind a house in sunny San Diego sits a 70 square-foot shed. If passersby were to...

RECIPE: Home-style Fried Rice with Vegetables

I've eaten plenty of fried rice — some good, some a little greasy, some overly salty....

RECIPE: Grapefruit Gin(ger) Fizz

Grapefruit Gin(ger) Fizz Serves 1 All it takes to whip up this Dry January treat is tangy grapefruit...

A Joyous (Dry) January Celebration + Recipe

If you’re joining the legions trying Dry January, you don’t have to give up celebrating special...

Dear Dot: How can I compost in the winter?

Dear Dot, I started a compost pile in my backyard and it’s been doing its thing. But...
Lily Olsen
Lily Olsen
Lily is an Associate Editor and Reporter on the Bluedot team — joining from sunny California. She is a recent Princeton graduate with a degree in political science. Her work spans human rights and advocacy through internships at the State Department and the AND Campaign.

Read More

Related Articles


Please enter your comment!
Please enter your name here