The Biodiversity Fund will invest around $946m over the next six years to help land managers store carbon, enhance biodiversity and build greater environmental resilience. It funds land managers to restore, manage and better protect biodiversity on public and private land – and to provide support for emerging opportunities in the new carbon market e.g. new or existing carbon stores.
The Biodiversity Fund will invest in three main areas:
- Biodiverse plantings – to expand native habitat via planting mixed vegetation species.
- Protecting and enhancing existing native vegetation – to protect, manage and enhance existing native vegetation in high conservation areas for its carbon storage and biodiversity benefits.
- Managing threats to biodiversity – to control threat of invasive pests and weeds.
- new biodiverse plantings of mixed species that establish and re-connect native ecosystems.
- revegetate landscape to improve connections b/w remnant vegetation across public/private lands.
- restore native habitats in largely intact landscapes in northernAustraliaand/or on the rangelands, or in peri-urban and coastal catchments.
- enhance the condition of native vegetation adjacent to key assets e.g. World Heritage Areas.
- establish/restore native wetland and waterway habitats, esp. on cleared lands.
- reduce the impacts of invasive species across connected landscapes.
One round per year – Years 1 and 2 have around $32m each and the emphasis will be on 30-40 pilots – Years 3 and 4 have $250m each and the last two years have around $170m each. Matching fund required is not required for privately-owned land. Contact us for further details. We are preparing submissions for the first round – closes end January!