Primary producers on the Coffs Coast can benefit from the NSW Government’s $125 million investment in the Primary Industries Productivity and Abatement Program.
Nationals Member for Coffs Harbour Gurmesh Singh said the program aims to drive sustainable land management, boost productivity, and help reduce emissions.
“This is great news for our region as it will create new opportunities for farmers and enable them to be directly involved in the lower carbon economy,” Mr Singh said.
“The NSW Government has recognised regional NSW is the engine room of the State and primary producers are key to pumping more than $13 billion into the NSW economy each year.”
The Primary Industries Productivity and Abatement Program has three focus areas:
- $52 million to develop market and industry foundations, including trusted and transparent data, metrics and frameworks to assess carbon and biodiversity outcomes;
- $72 million to build critical mass and capacity, including incentives for land managers to reduce emissions at scale; and
- $1 million for accelerating finance for natural capital and low carbon farming, by working with the finance sector to increase investments in natural capital and low carbon farming.
The program will invest in improving carbon management on farm land, public land, and Aboriginal-managed lands across the State.
Nationals Minister for Agriculture and Western NSW Dugald Saunders said the program is all about building economic resilience and creating jobs in regional communities, by encouraging sustainable farming practices through grants programs and partnerships with financial institutions.
For more, see www.energysaver.nsw.gov.au/netzeroland