Australia's largest environmental markets business today launched a new nature credits trading scheme that can work in tandem with carbon offset projects.
The Queensland government has named five new carbon projects that will receive additional payments in recognition of their biodiversity or social co-benefits.
One of Australia's largest carbon offsets providers is joining forces with environment group WWF to restore habitat for endangered koalas in the NSW Northern Rivers region.
The Victorian government will direct $30.9 million towards restoring biodiversity and boosting carbon sequestration on at least 20,000 hectares of private land.
The Morrison government will join efforts to develop a global standard for disclosing business impacts and dependencies on nature, Environment Minister Sussan Ley has announced.