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Natural Heritage Trust - project funding

Financial year
Purpose statement

Support local and long-term environmental and agricultural outcomes.

Budget Measure type
Description

The Government will allocate $741.3 million over 5 years from 2023-24 from the Natural Heritage Trust special account to support local and long-term environmental and agricultural outcomes. Funding includes: * $341.2 million over 5 years from 2023-24 to protect nature, threatened species and habitats and to maintain delivery capability through activities like the BushBlitz, Natural Resource Management (NRM) partnerships and on-ground conservation and recovery activities * $302.1 million over 5 years from 2023-24 to support a climate-smart, sustainable agricultural sector including funding for NRM organisations, on-ground projects, support for farmers to improve soil health and natural resources and funding to maintain delivery capability * $50.0 million over 5 years from 2023-24 to conserve and restore Ramsar listed wetlands and catchments * $48.0 million over 5 years from 2023-24 to continue management of Australia's state-managed world heritage listed properties. The cost of this measure will be met from within the existing resourcing of the Natural Heritage Trust special account. This measure builds on the 2022-23 October Budget measure titled Next Phase of Natural Heritage Trust Funding. Climate Change, Energy, the Environment and Water |

This site is generated from open public information stored in the Finance Knowledge Graph. For more information, please see: About structure.gov.au.