Science
HSBC, Queensland government buy ‘credits’ to protect Great Barrier Reef – Sydney Morning Herald
Queensland and HSBC said they will make a “world-first investment” to protect the world-heritage listed Great Barrier Reef which is suffering from extensive coral…
The investment required to meet water quality targets for the Great Barrier Reef is estimated at $4 billion according to James Schultz, the CEO of GreenCollar, which developed the Reef Credit Scheme in partnership with landholders, the Queensland government and natural resource management organisations.
Neither HSBC nor the Queensland government disclosed how much they would invest to buy “reef credits”.
GreenCollar estimates that the market could be worth over 6 million Reef Credits by 2030, opening…
-
General24 hours agoCharlie Kirk: an examined life
-
Noosa News24 hours agoBrisbane Festival’s Shakespearean hit with Taylor Swift vibes
-
Noosa News24 hours agoQueensland Police charge West End man with threatening to kill Justice for Palestine Magan-djin campaigner Remah Naji in Brisbane
-
Noosa News24 hours agoWhom did the US president accuse of ‘hurting Australia’? Take the Brisbane Times Quiz