Supporting farmers achieve environmental sustainability
Natural Capital Accounting is emerging as a way for landholders to collate evidence based data that supports their environmental sustainability. In future, this evidence may open up diversified income streams with access to market based incentives for carbon farming and biodiversity stewardship.
This project seeks to support farmers across Melbourne’s Foodbowl to collate benchmarking data and field assessments against suitable ‘methods’ and increase knowledge and skills in natural capital accounting.
Themes and Local Areas
| Primary Theme: | Sustainable agriculture |
| Other Themes: | Native Vegetation, Native Animals, Soil Health, Communities, Climate Change |
| Primary Local Area: | All Local Areas |
| Other Local Areas: | – |
| Project location: | Farmland in Melbourne’s Foodbowl LGA’s |
| Scale of the project: | Landscape – multiple large farming areas |
| New or continuing work: | Building on previous work |
Project partners
| Lead organisation: | Melbourne Water |
| Key partners: | Landcare Networks and Groups, Local Government Councils |
| Registered Aboriginal Party/s relevant to the project or its area: | Bunurong Land Council Aboriginal Corporation, Wurundjeri Woi Wurrung Cultural Heritage Aboriginal Corporation, Wadawurrung Traditional Owners Aboriginal Corporation |
Investment opportunities
| Opportunities for investors within this project start from: | $$ (Tens of thousands of dollars) |
| Estimated scale of investment for full project implementation: | $$$ (Hundreds of thousands of dollars) |
| Estimated timeframe for full project implementation: | 2-10 years |
Contribution toward targets
| Primary Regional Catchment Strategy target: | Sustainable agriculture systems – This region’s farms and agricultural industries are recognised as leaders in agri-ecological sustainability and resilience. |
| Relevant Biodiversity 2037 goal: | Support people take action for nature |
| Relevant National Landcare Program priority: | Agriculture systems – Projects that assist agricultural systems (including marine) to adapt to growing market preferences for products with demonstrable traceability and sustainability |
