The Albanese Labor Government is delivering almost $7 million as part of its commitment to help farmers and producers calculate emissions and sequestration.
The Government has this week opened a call for expressions of interest (EOIs) for proposals that support consistency across greenhouse gas accounting tools and calculators.
This funding will support the development of voluntary emissions estimation and reporting standards for the agriculture, fisheries and forestry industries, and provides $6.8 million to support uptake and incorporation of the forthcoming standards into calculators.
Access to trusted greenhouse gas calculators will allow farmers to understand and manage their emissions and assist in making business decisions that inform emissions reduction strategies on-farm.
Australia’s net zero transition requires action across all sectors of the economy.
But before farmers can make decisions in their business, they need to know the calculator they are using is reliable and using standard approaches.
This funding is part of the Albanese Labor Government’s 2024-25 Budget commitment of $63.8 million towards agriculture’s initial emissions reduction efforts, including $28.7 million in funding to improve greenhouse gas accounting in the agriculture and land sectors at national and farm levels.
