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This strategy document presents the ideas of over 300 leaders in farming, forestry, natural resource management, conservation, finance, policy, research and government on how to progress the natural capital agenda in Australia.
This Roadmap focuses on embedding the concept of natural capital, and specifically the measurement and valuation of environmental ‘assets’ as an important (but insufficient) enabler of increasing sustainable land use.
The Roadmap outlines nine action areas for improving the measurement and valuation of natural capital in Australia. For each of these, it identifies next steps and key actors. This is intended to guide and encourage implementation of these actions, and provide a framework against which activity and gaps in activity can be tracked and coordination improved.
Natural capital is not a new concept. There is an extensive knowledge base and capability amongst farmers and their representatives, government, the research community, and intermediaries including natural resource management (NRM) organisations.
This Roadmap is intended to support the acceleration, expansion, alignment, coordination, resourcing and implementation of these organisations, and existing and emerging initiatives.