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Reef credits to pay farmers for improving water quality – North Queensland Register

Queensland farmers are set to receive financial gains in exchange for their efforts to improve water quality in Great Barrier Reef catchments.

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Tully cane farmer Jamie Dore has sold Queensland’s first reef credits to HSBC Australia and the state government.
Queensland farmers are set to receive financial gains in exchange for their efforts to improve water quality in Great Barrier Reef catchments.
Similar to Australia’s carbon credits scheme, reef credits will be paid to landholders who are able to improve water quality while maintaining the productivity of their land.
The scheme has been developed by GreenCollar in conjunction with landholders,…

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