Carbon market could offset Australia’s huge fire recovery bill

16 Aug 2022
Greater glider
The greater glider is one of the native species severely impacted by the 2019-2020 bushfires. Image: Josh Bowell

Scientists have put a dollar figure on the cost of recovery and restoration of native flora and fauna after the 2019-2020 summer bushfires.

Research led by The University of Queensland and WWF-Australia found an investment of $16 billion a year is needed to restore habitat across 16 million hectares in southern Australia, to prevent species extinction.

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