Biodiversity Fund
The Biodiversity Fund provides incentives for carbon farming projects that delivery biodiversity benefits. The Biodiversity Fund will invest around $946 million over the next six years to help land managers store carbon, enhance biodiversity and build greater environmental resilience across the Australian landscape.
To do this, it will fund eligible land managers for activities that restore, manage and better protect biodiversity on public and private land. It will also provide support to land managers who wish to take advantage of emerging opportunities in the new carbon market. The Biodiversity Fund will provide support to establishing new carbon stores or better managing carbon stores of existing native habitat.
The Biodiversity Fund is delivered by the Department of Sustainability, Environment, Water, Populations and Communities.