The repair and management of the Great Barrier Reef could be underwritten by the issuing of “reef credits” which could form part of a sustainable finance market in Queensland, according to a new report.
The Queensland Futures Institute report named six opportunities and “drivers” of sustainable finance in Queensland: renewable energy, electric vehicles, energy investment, abatement and investment in abatement and eco-tourism.
It said that Queensland had clear advantages in generating carbon, biodiversity and reef credits from its natural capital resources.
You can read the full article from InQueensland here