Australia's Labor Government plans to invest $519.1M in its Future Drought Fund, aiming to prepare farmers and regional communities for droughts and build climate resilience by 2024.
Australia's Labor Government plans to invest $519.1 million in the Future Drought Fund, bringing the total to $3.35 billion. The funds will be used to help farmers and regional communities prepare for droughts and build climate resilience through better tools, strategies, and investments in drought hubs. The programs are set to become available from 1 July 2024, aiming to improve the sustainability of the agricultural sector by tackling the increasing risk of climate change on rural and regional communities.
May 06, 2024
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