Skip to main content Skip to main navigation Skip to search

Queensland and NSW floods 2022

Visit recovery.gov.au to see what help is available.

Close
Home

Top navigation main

  • News & media
  • Jobs
  • Ministers
  • Contact us
Main menu

AWE Main

  • Climate change
    Climate change Driving climate action, science and innovation so we are ready for the future.
    • Climate science and adaptation
    • Australia's climate change strategies
    • Emissions reduction
    • Emissions reporting
    • International commitments
    • Climate Active
    • Climate change publications and data
    • Australia’s National Greenhouse Accounts (Emissions Data)
    Stronger action on climate change

    Stronger action on climate change

    See how the Australian Government is committed to taking more ambitious action on climate change.

    Find out more

  • Energy
    Energy Building a secure and sustainable energy system for all Australians.
    • Energy policy in Australia
    • Energy and Climate Change Ministerial Council
    • Renewable energy
    • Energy publications
    • energy.gov.au
    • Energy Rating
    • Commercial Building Disclosure Program
    • Nationwide House Energy Rating Scheme (NatHERS)
    • Your Home
    Decorative image

    Nationwide House Energy Rating Scheme

    Guiding energy-efficient design and construction for a net-zero future

    Find out more about NatHERS

  • Environment
    Environment Improving stewardship and sustainable management of Australia’s environment.
    • Bushfire recovery
    • Climate change and the environment
    • Biodiversity
    • EPBC Act
    • Environmental information and data
    • International activities
    • Invasive species
    • Land
    • Marine
    • Partnerships
    • Protection
    • Report a breach of environment law
    • Threatened species & ecological communities
    • Waste and recycling
    • Wildlife trade
    Decorative image

    Read our Nature Positive Plan

    Our plan sets out the Australian Government’s commitment to environmental law reform

    Find out more

  • Water
    Water Improving the sustainable management of Australia’s water supply for industry, the environment and communities.
    • Coal, Coal seam gas (CSG) and water
    • Commonwealth Environmental Water Holder
    • Water policy and resources
    • Wetlands
    Water matters

    Water Matters

    Keep up with the latest news on the department's work in managing Australia's water resources.

    Read the latest edition here

  • Parks and heritage
    Parks and heritage Managing Australia’s iconic national parks, historic places and living landscapes.
    • Australian Marine Parks
    • Australian National Botanic Gardens
    • Booderee National Park
    • Kakadu National Park
    • Christmas Island National Park
    • National parks
    • Norfolk Island National Park
    • Heritage
    • Pulu Keeling National Park
    • The Great Barrier Reef
    • Uluṟu-Kata Tjuṯa National Park
    The reef

    Great Barrier Reef

    Australia is protecting and conserving this World Heritage Area.

    Find out more

  • Science and research
    Science and research Undertaking research and collecting data to support informed decisions and policies.
    • Climate change
    • Australia's biological resources
    • National Environmental Science Program (NESP)
    • Office of the Science Convenor
    • Australian Biological Resource Study (ABRS)
    • State of the Environment (SoE) reporting
    • Bird and bat banding
    • Supervising Scientist
    Our climate is changing

    Our climate is changing

    Find out more about how climate science helps Australians with the impacts of climate change.

    Find out more

  • About us
    About us We lead Australia’s response to climate change and sustainable energy use, and protect our environment, heritage and water.
    • Accountability and reporting
    • Assistance, grants and tenders
    • Fees and charges
    • News and media
    • Our commitment to you
    • People and jobs
    • What we do
    • Who we are
    Decorative image

    Juukan Gorge response

    Read the Australian Government's response to the destruction at Juukan Gorge and the recommendations

    Read the response

  • Online services
    Online services We do business with you using online platforms. This makes it easier for you to meet your legal requirements.
Department of Climate Change, Energy, Enviroment and Water

Breadcrumb

  1. Home
  2. Climate change
  3. Climate change policy
  4. Nature-based solutions for climate
  5. Financing Solutions for Nature

Sidebar first - EN - Climate change

  • Climate change
    • Climate change policy
      • Adapting to climate change
        • National Climate Resilience and Adaptation Strategy
          • Adaptation across domains
        • Adapting Australia's unique environment to climate change
        • Publications and resources
      • Climate science
        • Understanding climate change
        • Future climate change
      • Environment and climate change
      • Oceans and climate change
        • Coastal Blue Carbon Ecosystems
          • Blue Carbon Conservation, Restoration and Accounting Program
            • Blue Carbon Ecosystem Restoration Grants
            • Blue Carbon Accelerator Fund
          • International Partnership for Blue Carbon
      • Nature-based solutions for climate
        • Biodiversity Market
        • Financing Solutions for Nature
      • Climate services and tools
      • International adaptation

Financing Solutions for Nature

Awareness of the economic benefit that can flow from protecting and restoring our natural capital is increasing, as over half of the world’s GDP depends on natural capital and its services. Natural capital is key to the success of many Australian industries including agriculture, fishing and forestry, tourism and resource sectors.

Despite our growing understanding of the contribution of natural capital to the economy, it is still undervalued and is not considered in financial and business decision making.

To increase private investment in Australia’s natural capital, the Government is:

  • supporting the Taskforce on Nature-related Financial Disclosures
  • supporting the development of biodiversity markets
  • improving the measurement of natural capital
  • demonstrating the productivity and resilience links of our natural capital
  • helping embed natural capital in commercial and financial decision-making

Read the Natural capital: unlocking private sector investment publication.

Supporting the Taskforce on Nature-related Financial Disclosures

We are providing support for the Taskforce on Nature-related Financial Disclosures (TNFD) as a strategic funding partner and member of the TNFD Stewardship Council, and as a participant of the TNFD Forum.

The Taskforce on Nature-related Financial Disclosures (TNFD) was formally launched in June 2021 to develop a global risk management and disclosure framework for corporates and financial institutions to report and act on evolving nature-related risks and opportunities. A draft version of the TNFD framework is expected to be released by the TNFD secretariat in March 2022 for testing globally. The testing period will run for approximately six months. The final TNFD framework is due for release by the TNFD secretariat in September 2023.

We are working with the private sector to:

  • ensure their experience of testing the draft TNFD framework is accurately captured and incorporated into the design of the final framework
  • inform our policies and programs going forward.

Supporting the development of biodiversity markets

We are supporting the development of a range of market opportunities to landholders. These opportunities are improving their land management practices and delivering environmental outcomes. They include:

  • The Agricultural Biodiversity Stewardship Package:
    • Carbon+Biodiversity Pilot
    • Enhancing Remnant Vegetation Pilot
    • Biodiversity Market
  • Investments in soil carbon under the National Soils Strategy, Emissions Reduction Fund, and the Clean Energy Finance Corporation

Improving the measurement of natural capital

We are seeking to support increased private investment in Australia’s natural capital. We are doing this by improving the measurement and visibility of natural capital across the landscape.

Initiatives include:

  • National Strategy for Environmental Economic Accounting, including the National Land Account, National Oceans Account, and pilot ecosystems accounts.
  • Work is also being undertaken to support development of pilot blue carbon accounts
  • National Soils Strategy, Pilot Soil Monitoring and Incentives Program
  • Digital Environmental Assessments Program

Demonstrating the productivity and resilience benefits of natural capital

We are working with ABARES and other experts to compile the evidence base, linking improved management of natural capital to improved productivity and reduced risk and identifying any gaps in information.

We are supporting a range of projects through the Smart Farms program, including La Trobe University’s Farm-scale Natural Capital Accounting.

We are also engaging with representatives from the finance and banking sector as well as peak bodies from natural resource management and agriculture sectors and indigenous organisations, to better understand:

  • how to incorporate natural capital into investment and risk management decisions
  • the types of information and the format that is needed
  • how to develop potential approaches to trial the incorporation of natural capital tools and metrics into financial products and decision making.

A Natural Capital Working Group coordinates the advice of these stakeholders.

Helping embed natural capital in commercial and financial decision-making

Successful natural capital approaches to inform financial solutions will help pave the way for increased private sector investment. This will help maintain and improve our natural capital across a broad range of economic sectors.

Agriculture and land management

In the 2021-22 Budget the Government committed $4.7 million over three years to develop approaches and tools. These approaches will measure and integrate natural capital in financial products and solutions.

We're working with interested financial institutions to trial these tools and metrics in new natural capital financial products and investment models. For example, the tools could trial:

  • building natural capital risk in lending approaches
  • measuring productivity improvements that result from rehabilitating degraded land.

Ocean economy

In the 2021-22 Budget the Government committed $1.9 million over 4 years to establish a Blue Finance Unit. This unit will work with leaders in marine restoration and coastal infrastructure to catalyse private sector investment in restoration of coastal ecosystems to build resilience of coastal assets and communities and enhance blue carbon and biodiversity.

Contact us

Please email financingsolutionsfornature@environment.gov.au

Thanks for your feedback.
Thanks! Your feedback has been submitted.

We aren't able to respond to your individual comments or questions.
To contact us directly phone us or submit an online inquiry

CAPTCHA
This question is for testing whether or not you are a human visitor and to prevent automated spam submissions.

Please verify that you are not a robot.

Skip

Footer

  • Contact us
  • Accessibility
  • Disclaimer
  • Privacy
  • FOI
Last updated: 19 September 2022

© Department of Climate Change, Energy, the Environment and Water

We acknowledge the Traditional Owners of country throughout Australia and recognise their continuing connection to land, waters and culture. We pay our respects to their Elders past, present and emerging.