Dept of Climate Change, Energy, Environment & Water
The Australian government has announced $63.8 million to reduce emissions in the agriculture industry.
This funding was announced as part of the 2024-25 Budget.
It will:
- help build the capacity of Australian farmers and trusted advisors,
- improve greenhouse gas accounting at national and farm levels
- drive innovation for emissions reduction and carbon sequestration in the sector.
The funding includes:
- $28.7 million over 10 years to improve greenhouse gas accounting in the agriculture and land sector at the national through to farm level
- $30.8 million over 4 to accelerate on-ground action to reduce agriculture and land emissions. This funding will build on the existing Carbon Farming Outreach Program
- $4.4 million over 10 years for the Department of Agriculture, Fisheries and Forestry to become a partner to the Zero Net Emissions Agriculture Cooperative Research Centre (CRC). The CRC, to be established on 1 July 2024, will be a major vehicle for long-term research into emission reductions from Australian agriculture.
Investments will also strengthen First Nations engagement and participation. This will help the agriculture sector to draw benefits from traditional knowledge, and support First Nations agriculture enterprise.
/Public Release. This material from the originating organization/author(s) might be of the point-in-time nature, and edited for clarity, style and length. Mirage.News does not take institutional positions or sides, and all views, positions, and conclusions expressed herein are solely those of the author(s).View in full here.
