Natural capital is the soil, air, water and biodiversity-the natural resources used for food and fibre production. This grant activity will apply Natural Capital Accounting to the forestry, cotton and fisheries industries allowing producers to:
• incorporate natural assets into farm business systems to help identify risks and costs associated with using, and opportunities from improving, these assets and manage accordingly
• access cheaper finance, drawing on opportunities from finance organisations who explicitly incorporate natural capital in the credit risk calculations and offer lower interest rates for landholders who manage these assets
• demonstrate best practice management of natural assets and increase profitability by accessing premium markets.
Project number:
2017-188
Project Status:
Completed
Budget expenditure:
$110,000.00
Principal Investigator:
Jim Houghton
Organisation:
Forest and Wood Products Australia Ltd (FWPA)
Project start/end date:
28 Jan 2018
-
28 Jul 2020
Contact:
FRDC
1. Define the objectives and nature of the relationship between natural capital and the primary industries
2. Identify the subjects of the accounts (e.g. soil, water, land, carbon sequestration, biodiversity) as defined by potential market drivers
3. Develop and define robust indicators appropriate for identified accounts.
4. Compile relevant natural assets for the production landscape
5. a collaborative engagement model to ensure industry engagement and adoption.
PROJECT NUMBER
•
2024-027
PROJECT STATUS:
CURRENT
Centro Workshop - Actions and management outcomes for Longspined Sea Urchin
1. 1. Collaboration to determine centro management activities that can be delivered in the short to mid-term.
ORGANISATION:
Victorian Fisheries Authority (VFA)
PROJECT NUMBER
•
2024-012
PROJECT STATUS:
CURRENT
Capturing fisher ecological knowledge of climate change: a Southern and Eastern Scalefish and Shark Fishery case study
Commercial in confidence
ORGANISATION:
Fishwell Pty Ltd
PROJECT NUMBER
•
2023-155
PROJECT STATUS:
CURRENT
Prawn trawl sea-snake bycatch reduction device - Assessment, refinement, and extension
1. Comprehensively assess the bycatch reduction performance of the Sea-snake TED/BRD including coverage of when, where, and how sea-snake escape, and what other species are likely to benefit the most from its use.
ORGANISATION:
Sea Harvest Fishing Company Pty Ltd