Noting the Government’s current ‘climate first’ approach, and in order to reinforce these mutual dependencies and solutions between nature and climate, the Government should also formally adopt a ‘nature-second’ approach in the Strategy.
The NSW Government has an opportunity to strengthen the net zero target and nature-related principles in the Bill.
The Government’s carbon market procurement efforts should be delivered to maximise public value, with the cost of abatement as a subset consideration.
Noting that the Government has chosen not to feature nature-related financial disclosures in its current approach, ALCA recommends that existing policy levers be used to provide early guidance for business on nature-related financial disclosures.
ALCA’s submission highlights the critical role of environmental protection, effective environmental management and restoration to building healthy and functioning ecosystems that are resilient to drought.
Building environmental resilience prior to the disaster of drought will help mitigate its economic, social and environmental impacts.
After the disaster of drought, management activities – including, where appropriate, relevant, a transition to sustainable land use change – will help build resilience back into the landscape, and into communities.
