Australia Sees A$250 Million Investment Boosting Nature Market

Australia’s government aims to invest A$250 million ($157 million) to protect an additional 30 million hectares (115,830 square miles) of bushland, a move seen boosting the country’s embryonic nature repair market.

The program will cover an area larger than New Zealand, and help Australia meet global commitments to restore at least 30% of the Earth’s land and water by 2030, Environment Minister Tanya Plibersek said Saturday in a statement.