A new sustainable agriculture accreditation program in NSW's Budget could unlock up to $10 billion in ESG financing for farmers, according to the state government.
A new pilot program will enable farmers who plant native species to generate dual income streams in recognition of the biodiversity and carbon abatement benefits.
HSBC and climate change advisory firm Pollination Group plan to raise US$6 billion for investment in nature-based projects and Australia is likely to attract a significant portion, according to Pollination co-founder Martijn Wilder.
A new Western Australian pilot program will provide state government funding to projects that create carbon credits by protecting biodiversity in national parks and reserves.
US global investment firm KKR has taken a minority stake in Australia's largest carbon offsets company, and former Business Council president Grant King has joined its board.