We assess opportunities and challenges for Australia’s Indigenous estate associated with existing and emerging Nature-based Solutions markets. The Indigenous estate covers 57% of the Australian land mass, but most is ineligible for existing funding streams. Currently proposed schemes focus on repair and restoration of degraded land. Little market opportunity currently exists to support equally important stewardship projects on less-degraded lands and seas. We outline conditions for incentivising evolution toward schemes that engage with a holistic view of country and culture.
This article belongs to the Collection Carbon and Environmental Service Markets.
RJ24019 Abstract | RJ24019 Full Text | RJ24019PDF (3.6 MB) Open Access Article