HECS for farmers? Nature repair loans could help biodiversity recover – and boost farm productivity
- Written by: Bruce Chapman, Director, Policy Impact, College of Business and Economics, Australian National University
Almost three billion hectares of farmland is in poor condition worldwide – an area the size of Russia. Biodiversity is in freefall. Extinctions are rising. Wild animal populations have fallen almost 70% since 1970.
Restoring damaged land and bringing back ecosystems is phenomenally expensive, estimated at A$21 trillion globally.
The sheer...