"Koala Conservation Takes a Major Leap Forward: NSW Great Koala National Park on the Horizon In a significant development for Australia's beleaguered koala population, the Albanese government has given the green light for New South Wales to receive hundreds of millions of dollars in funding to protect native forests. The approval paves the way for the long-awaited establishment of a great koala national park, a project that has been years in the making. The funding is tied to a carbon credit scheme, which rewards state governments for storing carbon dioxide in native forests on public land. With this crucial federal approval in place, the Minns government can now proceed with the creation of the national park, a vital step towards safeguarding the future of one of Australia's most iconic species."
Minns government waiting on federal approval of carbon credit scheme before proceeding with long-awaited great koala national parkFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastA long-promised New South Wales great koala national parkis set to go ahead after the Albanese government greenlit the state to receive hundreds of millions of dollars for protecting native forests previously earmarked for logging.The assistant climate change minister, Josh Wilson, told Nine newspapers the government had approved the awarding of carbon credits to state governments for storing carbon dioxide in native forests on public land. Continue reading...
