Farms can now earn money protecting native bush
Farmers can now earn money managing protected native vegetation on their land under a federal scheme.
Australia's Nature Repair Market now pays farmers for protecting native vegetation, not just replanting cleared land. The second approved method started October 30 and applies across eastern, southern and south-western Australia.
Farmers can earn income by managing weeds and pests or adjusting grazing practices. Farmers can plant trees or allow natural regeneration.
Farmers negotiate payments or sell biodiversity certificates once their project meets requirements. The government wants private investment in conservation to reach its goal of protecting 30 per cent of national land by 2030.
This locks landholders into 25 or 100-year terms. The scheme's first method, replanting native forest, attracted four projects covering 2,656 hectares.
- 4 projects, 2,656 hectares
- First method coverage
- October 30
- Method launch date
- 30 percent national land by 2030
- Protection target
Why it mattersFarmers get paid for conservation work they have often done at their own cost. Protection work that was unprofitable now becomes income for them.
AustraliaFarmers across eastern, southern and south-western Australia can now monetise native vegetation management, with payments negotiated commercially or from environmental offset demand.
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