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ARTICLE · 19 JANUARY 2020

Land Restoration Fund Update: New funding announced for Queensland carbon farming projects to mitigate climate change

Qld's Land Restoration Fund dovetails with the Federal Government's climate change policy, the Carbon Farming Initiative.

AustraliaEnvironment
  • 2020 funding rounds
  • Purpose of the Fund
  • Technical requirements
  • Benefits for Fund participants
  • Information for participants

2020 funding rounds

On 27 December 2019, the Queensland Government announced that applications for the first round of funding from its $500 million Land Restoration Fund (Fund) will open on 28 January 2020. Through the Fund, the Queensland Government will invest up to $100 million in carbon farming projects in 2020, with two application intakes:

  • Intake 1 – closing 28 February 2020; and
  • Intake 2 – closing 15 April 2020.

Purpose of the Fund

The Queensland Government website states that "carbon farming is an integral part of [its] response to climate change", and acknowledges that the Fund will help to achieve the Queensland Government's policy of reducing carbon emissions by at least 30 per cent on 2005 levels by 2030, and reaching zero net emissions by 2050.

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