Australia considers a "grand environmental bargain" for faster development approvals if nature benefits, supporting Nature Positive goal to halt biodiversity decline by 2030.
Amid environmental setbacks, including Great Barrier Reef coral bleaching, Australia considers a "grand environmental bargain" for faster development approvals if nature benefits. The Nature Positive goal aims to halt biodiversity decline by 2030 and restore it by 2050, with businesses potentially supporting stronger legal protections for vulnerable ecosystems. Regulatory co-design and consensus-based decision-making may advance Nature Positive reforms.
April 29, 2024
4 Articles