Biodiversity credits aim to help repair nature
The government is seeking to establish a nature repair market, with biodiversity credits creating a new asset class for investors.
The federal government plans to create a nature repair market to mobilise private sector capital for nature restoration and preservation, but experts are questioning whether there will be enough support for the scheme.
The Albanese government committed to protecting 30 per cent of Australia’s land and seas by 2030 following the release last year of the State of the Environment Report that revealed Australia has suffered catastrophic losses of wildlife and habitat.
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