<
https://www.abc.net.au/news/science/2026-03-16/australia-biodiversity-report-card-ignores-fossil-fuel-support/106432678>
“Financial support from governments around the world to industries that
facilitate harm to the environment is one of the biggest barriers to stopping
biodiversity loss.
So much so that an international agreement signed by Australia in 2022 known as
the
Global Biodiversity Framework (GBF) called for an annual reduction of
$700 billion worth of this support by 2030 globally.
But in its first GBF progress report, the federal government left out any data
on incentives it provided to the fossil fuel industry.
A new study suggests the federal government funds $26 billion of incentives
each year that may be harmful to the environment.
That is despite estimates from the Organisation for Economic Co-operation and
Development (OECD), of which Australia is a member country, that it provides $8
billion annually in fossil fuel support.
There are also concerns from conservation groups that Australia will not meet
its other biodiversity targets, despite the government saying it is mostly "on
track" to do so.”
Via
Guardian Australia
Cheers,
*** Xanni ***
--
mailto:xanni@xanadu.net Andrew Pam
http://xanadu.com.au/ Chief Scientist, Xanadu
https://glasswings.com.au/ Partner, Glass Wings
https://sericyb.com.au/ Manager, Serious Cybernetics
