City
Epaper

Australian govt announces $703 mn funding for Great Barrier Reef

By IANS | Updated: January 28, 2022 08:05 IST

Canberra, Jan 28 The Australian government on Friday announced an additional investment of 1 billion Australian dollars ($703 ...

Open in App

Canberra, Jan 28 The Australian government on Friday announced an additional investment of 1 billion Australian dollars ($703 million) in saving the iconic Great Barrier Reef.

Prime Minister Scott Morrison said the funding over the next nine years is aimed at improving water quality, reef management and research.

The government said the package, which increases the funding committed to the Reef 2050 Plan to more than 3 billion AUD ($2.1 billion), will support 64,000 jobs and the economic future of tourism operators.

The Great Barrier Reef is the world's largest coral reef and one of Australia's biggest tourism attractions.

It is facing threats from climate change, with mass coral bleaching events in recent years.

More than half the new funding announced on Friday 579.9 million AUD (408 million U.S. dollars) will be planned to be spent on improving water quality in the area through remediating erosion.

The announcement came weeks after Anthony Albanese, leader of the opposition Labor Party, said they would invest 163 million AUD ($114 million) to conserve the Great Barrier Reef and support the tens of thousands of jobs that depend on it if victorious at the 2022 election.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: CanberraaustraliaLabor PartyScott MorrisonAnthony Albanese
Open in App

Related Stories

InternationalEid Al-Fitr 2025: Australia to Celebrate Ramadan Eid on March 31 and First Day of Shawwal 1446 AH

CricketAustralia: Pak-Origin Player Dies While Playing Cricket In Extreme Heat During Ramadan Fast in Adelaide

Social ViralViral Video Shows Kids Using Dead Python as Skipping Rope in Australia, Internet Reacts

CricketMohammed Shami Ramadan Controversy: India Pacer's Coach Badruddin Siddique Defends Cricketer, Says Desh Ke Aage Kuch Nahin

CricketChampions Trophy 2025: Australia Enters Semi-Finals After Rain Abandoned Match vs Afghanistan

International Realted Stories

InternationalPak tested our air defence, we proved ourselves highly effective: Military experts on India’s decisive response to cross-border aggression

InternationalSaudi Foreign Minister dials EAM Jaishankar and Pak Foreign Minister, discusses efforts to de-escalate tensions

InternationalSaudi Foreign Minister holds calls EAM Jaishankar, Pak FM Dar to de-escalate tensions

InternationalNuclear option "not on the cards right now", says Pak Defence Minister amid rising tensions between India, Pakistan

InternationalBangladesh: Police arrest five Awami League leaders, affiliates