Reef Trust PARTNERSHIPS FOR THE REEF 1 © Copyright Commonwealth of Australia, 20015. Reef Trust Partnerships for the Reef is licensed by the Commonwealth of Australia for use under a Creative Commons Attribution 4.0 Australia licence with the exception of the Coat of Arms of the Commonwealth of Australia, the logo of the agency responsible for publishing the report, content supplied by third parties, and any images depicting people. For licence conditions see: https:// creativecommons.org/licenses/by/4.0/ This report should be attributed as Reef Trust Partnership for the Reef, Commonwealth of Australia 2015. The Commonwealth of Australia has made all reasonable efforts to identify content supplied by third parties using the following format ‘© Copyright, [name of third party] ’. Cover: Bowl Reef, Great Barrier Reef Marine Park Authority Inside Cover: The Point Crinoids, orange feather star, Great Barrier Reef Marine Park Authority 2 INTRODUCTION The Great Barrier Reef is our national treasure and a natural wonder of the world. It is the world’s largest coral reef, stretching more than 2,300 kilometres along the Queensland coast and covering 348,000 square kilometres. An iconic natural wonder, it consists of a maze of magical coral reefs and beautiful islands and habitats that support a unique and diverse array of species. We, the Australian and Queensland governments, have a strong track record of protecting and managing the Reef, drawing on a range of tools, including legislation and regulation, and planning and partnerships. The recently released Reef 2050 Plan provides a solid and overarching strategy for the next 35 years for building on these management arrangements, addressing key threats and directly boosting the health and resilience of the Reef. We are committed to strengthening existing efforts to manage and protect the Great Barrier Reef, with government investment in the Reef projected to be more than $2 billion over the next decade. Our investments have been bolstered by the significant contributions and commitment of Traditional Owners, industry, philanthropy and the local community to the long-term health of the Reef. Even with this level of investment and partnership, we know that more can be done. The Great Barrier Reef is facing significant pressures and we need to build on existing efforts if we are to maintain it in good condition for future generations. The Reef Trust can receive and disburse funds from government and non-government sources, and broker partnerships and collaboration for the Reef. The Trust delivers priority projects to address critical threats and pressures to the Reef, with funds directed to projects focusing on on-ground action and efforts. We invite you to be part of this important and exciting initiative. The innovation, good will and commitment of industry, the private sector and philanthropy all have a key role to play in protecting and conserving the Great Barrier Reef. We are interested in sponsorship, co-investment and collaborative arrangements to deliver projects and explore your ideas on how to better protect the Reef. Partnerships for the Reef sets out a range of sponsorship and investment opportunities for you to consider. Join us and start a conversation on how we can better work together to protect and conserve our national treasure—the Great Barrier Reef. We look forward to working with you. We want to build on existing partnerships and work with you—industry, financial institutions, community organisations, the corporate and philanthropic sectors, and individuals—to conserve the outstanding universal value and rich biodiversity of the Great Barrier Reef. 3 CONTENTS 4 Blue Stripped Snapper, Commonwealth of Australia INTRODUCTION........................................................................................................3 INVITATION TO PARTNER..........................................................................................6 PARTNER BENEFITS.................................................................................................8 PATHWAYS FOR PARTNERSHIP................................................................................9 THE REEF TRUST....................................................................................................11 Investment Principles............................................................................................11 PROTECTING OUR MARINE BIODIVERSITY.............................................................12 Projects for Partnership.........................................................................................13 STRENGTHENING THE HEALTH AND RESILIENCE OF COASTAL HABITAT..............14 Projects for Partnerships.......................................................................................15 IMPROVING WATER QUALITY..................................................................................16 Projects for Partnerships.......................................................................................17 CONSERVATION FINANCE.......................................................................................18 GOVERNANCE AND RISK MANAGEMENT................................................................20 NEXT STEPS...........................................................................................................22 Reef Trust PARTNERSHIPS FOR THE REEF 5 INVITATION TO PARTNER The Australian and Queensland governments have successfully worked together for over four decades with natural resource management regions, industry, Traditional Owners, community and local government, to manage and protect the marine and coastal biodiversity and ecosystems of the Great Barrier Reef. We want to build on these partnerships and invite you to work with us through the Reef Trust to strengthen our ability to tackle the significant threats and pressures facing the Reef. The Reef Trust was established in 2014 to be a long-term mechanism for bringing together investment from both government and non-government sources. Since its establishment, the Australian Government has committed $140 million to the Reef Trust for direct on-ground action for the Reef—both in the water and on-land. The Reef Trust operates with the highest levels of accountability and transparency. Stringent financial controls, project management and reporting requirements are in place to ensure all funds are delivered in an ethical, equitable and effective manner. The delivery of all investment is supported by scientific rigour, with projects reviewed and endorsed by a panel of independent experts. We invite interested organisations, investors and individuals to partner and collaborate with the Reef Trust to maximise the outcomes for the Reef for every dollar invested. 6 Effective collaboration and strong partnerships are the foundation for the on-going protection and conservation of the Great Barrier Reef. York A Cape Cooktown Wet BTropics Cairns Mareeba Innisfail Burdekin Ingham Townsville Charters Towers Ayr Mackay Whitsunday Bowen Proserpine Mackay Through the Reef Trust, you can be part of our long history of partnership and collaboration to protect and conserve the Great Barrier Reef. Projects through the Reef Trust are delivered within the Great Barrier Reef and the adjacent coastal areas and catchments. Fitzroy St Lawrence Emerald Rockhampton Gladstone Burnett Mary Bundaberg Hervey Bay Maryborough Gympie Kingaroy Aerial view of the Great Barrier Reef, Department of the Environment 7 PARTNER BENEFITS By supporting the delivery of projects through the Reef Trust, you will contribute to the long-term protection and conservation of the Great Barrier Reef for future generations to come. The Reef Trust focuses on priority on-ground actions to address immediate threats and pressures to the Reef—improving water quality and coastal habitat, and protecting threatened and migratory species. Your support and investment can help: »» improve marine habitat protection, including removing invasive species, to better protect the diverse marine species that call the Reef home »» improve coastal and sea infrastructure, to reduce the impact of coastal development on the Reef’s unique ecosystems and its threatened and migratory species Your role and commitment to protecting and conserving the Great Barrier Reef will be widely acknowledged. All Reef Trust investments will be recognised in branding of project materials, ranging from online publications and reports to social media activities and Reef events. »» guarantee that your investment will In addition through the Reef Trust you will receive: »» staff development opportunities to directly »» assurance your investment is supported by strong and established governance and administrative arrangements of the Reef 2050 Plan and Reef Trust deliver on-ground action »» transparency on the delivery of projects, including regular reports and information on project performance and use of funds »» site visit opportunities to directly see the impact of your contribution and support support environmental conservation activities on-ground. »» repair and rehabilitate coastal areas and Reef catchments to enhance ecosystem connectivity and improve the quality of water entering the Reef Staff development opportunities »» revegetate key islands within the Reef that The Reef Trust is an opportunity for you to invest in the long-term protection and conservation of the Great Barrier Reef. are important breeding grounds and home to seabird species »» improve agricultural management practices in Reef catchments to reduce nutrient and sediment run-off into the Reef. Tangible Reef restoration outcomes Promotion opportunities Accountability Transparency 8 Beaked Coral Fish, Bowl Reef, Tubastrea Coral, Cuttlefish and Asteriod Starfish, Great Barrier Reef Marine Park Authority PATHWAYS FOR PARTNERSHIP Soft Coral Sun, leather coral, Great Barrier Reef Marine Park Authority If you are interested in supporting the protection and conservation of the Great Barrier Reef, the Reef Trust has a range of investment opportunities available. The projects in this document were identified in collaboration with Queensland Government, the Great Barrier Reef Marine Park Authority and natural resource management regions along the Queensland coast. With your investment they will deliver targeted on-ground action to address priority threats and pressures to the Great Barrier Reef. These projects are just one way you can be involved. We are also interested in your ideas for other projects and opportunities to better protect and conserve the Great Barrier Reef. Please send through your thoughts, project ideas and innovations for the Reef; we are very happy to explore how we can work together to put them into action. We can offer our knowledge, experience, and strong networks and contacts across the Great Barrier Reef and its catchments to help foster discussions and broker partnerships. The Reef Trust can help you also align your ideas with priority areas for investment and the Reef 2050 Plan. We are also very interested in harnessing the growing contribution and importance of citizen science, and your ideas on how we could better use citizen science for the Great Barrier Reef. 9 We have already committed to our first project with co-investment through the Reef Trust. Greening Australia, in partnership with Birdlife Australia, Conservation Volunteers Australia and WetlandCare Australia, is partnering with the Reef Trust to deliver a project to restore and repair priority wetland areas along the Great Barrier Reef coast. The Australian Government has committed to providing $2 million to match funds raised by Greening Australia and its partners from private donors for the project. The project will commence in early 2016 and will be delivered in collaboration with natural resource management regions, landholders, indigenous groups, science and community organisations. Brendan Foran CEO of Greening Australia 10 Lion Fish, Department of the Environment Partnership in Practice “Greening Australia and its partners look forward to working with the Reef Trust, businesses and private donors to make an impact on the health of the Great Barrier Reef through restoration of priority wetlands. This innovative partnership is backed by the organisations’ community supporters numbering around 120,000 people. The four organisations bring over 190 years combined experience and strong science partnerships.” THE REEF TRUST The Reef 2050 Plan is the overarching framework for the protection and adaptive management of the Great Barrier Reef from 2015 to 2050. Investment Principles The Reef Trust is a key mechanism for the delivery of the Reef 2050 Plan. It focuses on priority on-ground actions to address immediate threats and pressures to the Reef: improving the quality of water entering the Reef, improving the health and resilience of coastal habitat, and protecting threatened and migratory species. »» cost-effectiveness in their approach Through the Reef Trust, we will ensure that your contribution and investment aligns with the Reef 2050 Plan. In delivering on-ground action, we will ensure projects align with our ‘principles for investment’: »» additionality and complementarity with existing investment in the Reef »» clear outcomes and targets, with a focus on delivering results »» cognisance of available funds, in the Reef Trust »» collaboration and partnership, with the interested partners, including community organisations, Indigenous groups, natural resource management regions, industry groups and local government The Reef Trust provides cost-effective, strategic investment which goes above and beyond existing programmes, to address key threats to the Great Barrier Reef and catchments, for the long-term protection and conservation of the outstanding universal value of the Great Barrier Reef. Reef Trust Objective »» effective delivery, based on sound scientific methodologies and practical approach, and targeted monitoring and evaluation »» evidence based and scientifically defensible, with project aligned with best available scientific and expert advice »» importance of leveraging, with increased focus on co-investment »» strategic on-ground change, with a strong focus on on-ground delivery with minimal administrative overheads 11 PROTECTING OUR MARINE BIODIVERSITY Through the Reef Trust, we can work together to improve and protect marine biodiversity, including reducing crown-of-thorns starfish and protecting listed threatened and migratory species, such as dugongs and turtles. 12 12 An array of marine species relies on the habitats provided by the Great Barrier Reef to feed and survive. These habitats range from mangroves and seagrass meadows to coral reefs and open waters. The recent decline in coral cover is largely the result of a combination of cyclones, crown-of-thorns starfish outbreaks and mass bleaching, with sediments and pesticides from run-off impacting upon the ability of inshore coral reef areas to recover. Seagrass meadows are a primary food source for many species including dugongs and turtles. They provide nursery habitat for fish species and are a major source of primary production. The health of seagrass meadows has declined in recent years, due to extreme weather and ongoing chronic impacts such as poor water quality. To address the pressures and threats to the marine species of the Great Barrier Reef, you could partner with us to control invasive species such as crown-of-thorns starfish or support activities such as marine debris clean-up and island conservation. Raine Island Recovery Project In 2014–15 the Australian and Queensland Governments funded a pilot research and rehabilitation project on remote Raine Island, the world’s largest green turtle rookery and critical seabird nesting habitat. Building upon the learnings of this successful pilot project, an investment of $5.45 million was secured by the Great Barrier Reef Foundation from BHP Billiton. Bringing together the private, public and philanthropic sectors, and in collaboration with traditional owners, the Raine Island Recovery project is undertaking an ambitious five-year program of research, capacity-building and on-ground works aimed at improving outcomes for critical marine species. Project activities include beach re-profiling, sand replenishment, fencing, turtle tagging, remote sensing, monitoring, modelling and Indigenous Ranger training. Projects for Partnership “To secure the Reef’s future we need to work together— governments, industry and communities—to ensure this natural wonder remains healthy and resilient, so that it enriches the lives of future generations just as it does for us today.” Dr Russell Reichelt Chairman of the Great Barrier Reef Marine Park Authority Seabird Resilience Over 75 cays throughout the Great Barrier Reef have been identified as seabird breeding colonies. Seabirds face many threats that currently endanger their populations and impact their breeding and foraging habitats. The threats range from predators on breeding islands, limited food, marine pollution, marine debris and climate change. Restoration of seabird nesting habitats on islands can make a meaningful difference to supporting seabird resilience. Vegetation restoration and pest management undertaken as part of a holistic approach to island restoration has been demonstrated to deliver real improvements for nesting viability. Potential project activities could include protecting critical nesting and roosting sites, targeting pest plants and animals, preventing the introduction of invasive species and maintaining appropriate fire regimes. Crown-of-Thorns Starfish Control Strategic and tactical management of crown-of-thorns starfish is essential to support coral reef health and resilience, and the ecological, economic and heritage values of the Great Barrier Reef. To stop coral cover loss from crown-of-thorns starfish outbreaks, additional tactical control is proposed across the Reef. This project would strengthen tactical control of crown-of-thorns starfish by identifying priority reefs for action, assessing reefs based on their current condition, pressures, value and their ability to recover ecological condition. The project would aim to maintain coral cover above critical levels and sustain coral recovery where possible. This project would be in addition to, and build upon, the significant activities already underway to manage crown-of-thorns starfish and the current outbreak in the Great Barrier Reef. This additional control would help us act quickly and deliver immediate actions that will complement longer term efforts to reduce crown-of-thorns starfish outbreaks, both in frequency and severity. Additional investment could also strengthen our understanding and innovative science supporting crown-of-thorns starfish management. This project delivered over three years would require $7 million in funding and could be scalable Island management to improve seabird resilience would require around $1 million over five years per island. 13 STRENGTHENING THE HEALTH AND RESILIENCE OF COASTAL HABITAT Through the Reef Trust, you can partner with us to improve the health and resilience of coastal habitats. 14 14 Since European settlement there have been significant losses and modifications to coastal habitats along the Great Barrier Reef. These habitats, which include wetlands, mangroves and riparian areas, support the Great Barrier Reef ecosystem and provide it with vital ecosystem services, such as filtering nutrients and sediments from water that will enter the Reef. Ecosystem connectivity helps maintain biodiversity and allows species that are rare and unique to the Reef to move between habitats to feed and survive. Coastal land degradation due to poorly planned development negatively impacts this connectivity and ability of the Reef’s marine biodiversity to thrive. The Reef Trust invites you to partner with us to deliver an investment program which improves connectivity and ultimately improves degraded ecosystems. Your investment could support the repair and restoration of degraded ecosystems in coastal areas along the Great Barrier Reef. It would contribute to re-establishing the natural order, including ecosystem processes such as nursery areas, floodwater buffers and sediment and nutrient filters and sinks, which are essential to the health and resilience of the Great Barrier Reef. Projects for Partnerships “Partner with us to directly benefit the Reef. Fitzroy coastal ecosystems play a vital role in the ongoing health of the Great Barrier Reef. The Fitzroy is unique, containing complex coastal habitats that support temperate and tropical flora and fauna species. Your investment will enhance coastal ecosystems by supporting on-ground actions to improve the resilience of our landscapes and waterways.” Sub-Catchment Repair To address the historical impact of change in land-use for coastal development, an integrated project is proposed for sub-catchment ecosystem repair in the Fitzroy region adjacent to the Reef. Actions to improve ecosystem connectivity would include creating riparian corridors, removing fish barriers, enhancing stream bank integrity, connecting of pockets of State Forest/ remnant vegetation (with areas already undergoing revegetation), improving fish habitat and land management practices, and tackling pest animal and weed populations. It will include a public awareness campaign and the development of a sub-catchment management plan to assist in sustainable long-term change and improvement in land-management practices. Native Plant Nursery and Weed Control The Fitzroy region has long experienced a high demand for native plants and bio-control species to use in rehabilitation and weed control projects. To support the health and revegetation of riparian areas, wetlands and degraded landscapes, a native plant nursery in the Fitzroy Basin would provide access to locally sourced genetic material that will protect regional diversity and support rehabilitated landscapes. The project would seek to expand weed control by providing access to bio-control species (such as, Jewel Beetles for Cats Claw Creeper / UU moth for Parkinsonia), which play a key role in the health and resilience of coastal ecosystems. Local governments have expressed interest in supporting the establishment of a native plant nursery, with partnership and co-investment opportunities available. This project is suitable for delivery in other catchment regions up and down the Reef coast and would help build local capacity, skills and expertise. This project would run over five years and require $2 million in funding. Requiring $5 million over five years, this integrated project would be significant for coastal ecosystems and the Great Barrier Reef, and also provide a model for other sub-catchments. Paul Birch CEO, Fitzroy Basin Association 15 IMPROVING WATER QUALITY Through the Reef Trust, you can help improve the quality of water entering the Great Barrier Reef from broad-scale land-use and land-based erosion. Catchment run-off from diffuse sources remains a high threat to the Great Barrier Reef. Excess nitrogen applied to crops growing in the coastal regions and Reef catchments enters the Great Barrier Reef through losses into rivers and waterways that drain into the Reef lagoon. High levels of this excess nitrogen affect marine ecosystems and create ideal breeding conditions for the coral-eating crown-of-thorns starfish. Sediment from land-based erosion, primarily grazing lands, also impacts marine ecosystems when it makes its way to the Reef, smothering seagrasses and corals which are vital to sustaining life and marine biodiversity in the Great Barrier Reef. You could partner with us to work with landholders across all agricultural industries to help improve management practices and the condition of farming and grazing land along the coast of the Reef. 16 16 Project Catalyst Project Catalyst is a five-year $10.5 million partnership involving innovative Queensland cane growers and major program partners—regional natural resource management bodies, the Australian Government, World Wildlife Fund Australia and the Coca-Cola Foundation. The partnership supports a network of farmers from the Mackay Whitsunday, Burdekin and Wet Tropics regions who are leading in the use of cutting-edge management practices for more sustainable and effective farming future. Since its launch, Project Catalyst has expanded from 19 growers and 4,800 hectares of farmland to approximately 140 growers and more than 40,000 hectares. The project has improved the quality of more than 205,550 billion litres of run-off water flowing into the Great Barrier Reef by reducing the amount of nitrogen, phosphorus, pesticides and other pollutants. Participating farmers have also benefited from higher profits. Projects for Partnerships “Although many Burnett Mary landholders are located south of the Great Barrier Reef, they still understand their impact on Reef water quality— particularly with sediment run-off. Sadly, it’s not a cheap fix; but building on our partnerships and with genuine collaboration, we know there are some great wins and outcomes to be had.” Penny Hall CEO, Burnett Mary Regional Group for Natural Resource Management Establishing Floating Wetlands Floating wetlands, made from recycled plastic soft drink bottles, have been widely used in wastewater treatment systems to reduce pollutants, such as nutrients and suspended sediments, from reaching the Reef lagoon. The recycled plastic is made into a non-woven, durable, non-toxic mould that is dense, porous, solid and coated in UV resistant resin. Native grasses, sedges and rushes, which can be anchored and tethered into the material, grow down in to the water. Using natural processes of plant and root growth the floating wetlands encourage microbes and bacteria on the root surface, which in-turn removes pollutants from the water. Floating wetlands have been used in a range of urban settings in Queensland, such as south-east Queensland, and overseas, but are yet to be used in irrigated farming systems. A project to trial the use of floating wetlands in irrigated cane areas, such as the lower Burdekin, is proposed for delivery through the Reef Trust to assist in reducing nutrient run-off into the Reef. Following effective trial of this project, floating wetlands could be built in other areas along the Reef where nutrient run-off is a priority concern. To establish an initial floating wetland, $3 million in funding would be required over three years. Thorough monitoring processes would capture the success of the floating wetland and assist in exploring options for expanding the project. Restoring Riparian Areas This project would restore and protect riparian areas in high priority sub-catchments identified as having high sediment run-off along both the Mary and Burnett Rivers. This would involve fencing works for stock management, planting appropriate vegetation on bare ground and stabilising stream banks to reduce sediment run-off. The project includes a regional education programme to provide practical on-ground advice, engagement and support to landholders with visits to demonstration sites, to highlight the benefits of healthy riparian zones. This project would be delivered over three years and would require $1.5 million in funding. The size and duration of the project is scalable and could be transferred into other priority catchments where sediment is being lost into the Reef. There is direct evidence sediment losses from catchments impact on seagrass and coral ecosystems in the Reef that provide home and feeding grounds for a number of marine species, including turtles and dugongs. A project to restore riparian areas in the Burnett Mary catchments will address sediment being released from the Mary River and Burnett River catchments into the Great Barrier Reef. 17 Humphead Maori Wrasse, Great Barrier Reef Marine Park Authority CONSERVATION FINANCE 18 The Reef Trust offers you an opportunity to innovatively invest in the Great Barrier Reef. The Reef Trust is exploring options to deliver other conservation financing vehicles for the Reef, such as green bonds and impact investing. We are currently obtaining expert financial advice and analysis, and have established the Reef Trust Innovative Mechanisms Panel to guide our decision-making on the development and delivery of these mechanisms through the Reef Trust. This panel will provide a forum for interested experts to offer their opinion and evaluate a range of innovative financial mechanisms which could be piloted for the Great Barrier Reef. If you are interested in being part of these innovative ventures, contact us. We are very interested in working with you to deliver innovation through the Reef Trust for the Great Barrier Reef. Contribute to the establishment of innovation, through the Reef Trust, for the Great Barrier Reef. 19 GOVERNANCE AND RISK MANAGEMENT Through the Reef Trust, your contributions and investment will be delivered with strong and established governance and administrative arrangements. Management of your investment will be supported by the strong and established governance and administrative arrangements of the Reef 2050 Plan and Reef Trust. Arrangements for the Reef Trust ensure all funds are appropriately managed, risks are effectively identified and addressed, and investment is strategically delivered in a cost-effective and efficient manner. Independent expert advice on Reef Trust funding priorities is provided by the Reef 2050 Plan Independent Expert Panel, chaired by Professor Ian Chubb. Panel members represent a broad cross-section of scientific expertise in areas relevant to managing key threats to the Great Barrier Reef. Additional advice and guidance is also provided by the Queensland Great Barrier Reef Water Science Taskforce and the Great Barrier Reef Marine Park Authority. The Reef Trust also draws on the Reef 2050 Advisory Committee to engage with the broader community and industry. The Advisory Committee, which consists of senior representatives from key industry and community bodies, provides strategic advice on the implementation of the Reef 2050 Plan, including the Reef Trust. 20 Coral Cod, Great Barrier Reef Marine Park Authority Decision-Making - Prioritisation and Evidence-Base The Reef Trust is delivered by the Australian Government in collaboration with the Queensland Government. As an initiative administered by the Australian Government, the Reef Trust has stringent financial, project management and reporting processes in place. Investment delivered through the Reef Trust, including the contracting and delivery of projects, is in accordance with the Public Governance, Performance and Accountability Act 2013, the Commonwealth Grant Rules and Guidelines and Guidelines for the Management of Special Accounts. Reef Trust projects are delivered by experienced and trusted delivery partners that are identified in-line with relevant frameworks and processes. Partners responsible for leading the delivery of Reef Trust projects must regularly report on the project’s performance and take an adaptive approach to managing the delivery of the project. Reef Trust reporting and monitoring arrangements provide a high-level of transparency of the performance of the Trust, including the delivery of its projects. These arrangements ensure projects effectively report against environmental outcomes, account for the use of funds and enable continuous improvement. Further information on Reef Trust financial arrangements, project management, and monitoring and reporting can be found on the Department of the Environment website. www.environment.gov. au/marine/gbr/reef-trust. Reef Trust projects are delivered by experienced and trusted delivery partners. Reef Trust investment decisions, including the delivery of projects, are guided by world-class biodiversity and climate science coming from programmes, such as the Reef Water Quality Science Program and the National Environmental Science Programme, and scientific reports like the Great Barrier Reef Outlook Report 2014 and the Reef Water Quality Protection Plan 2013 Prioritisation Project Report. The process involves a collaborative approach with scientific institutions, community and management agencies to ensure a robust scientific and economic process, to identify high priority actions for Reef Trust investment and practical appropriate delivery methods. Decisions on investments, and how best to deliver a project through the Reef Trust, are underpinned by a rigorous prioritisation process. Further information on Reef Trust investment decisions can be found on the Department of the Environment website.www.environment. gov.au/marine/gbr/reef-trust. Review of best available information to identify priority reef values, threats and regions Analysis of existing efforts Identification of potential interventions and appropriate delivery mechanisms Assessment of cost-effectiveness of potential interventions The process to prioritise projects for Reef Trust investment is outlined in the diagram below. The Reef Trust is guided by world-class biodiversity and climate science. Phase III investment projects 21 WE INVITE YOU TO START A CONVERSATION 22 NEXT STEPS We invite you to start a conversation with us on how we can better protect and conserve the Great Barrier Reef together. For more information on the Reef Trust and the opportunities available for you to be involved, please contact: Assistant Secretary Reef Branch Department of the Environment GPO Box 787 Canberra ACT 2601 P: 1800 852 975 E: [email protected] Further information on the Reef Trust and Reef 2050 Plan and its arrangements can be found on the Department of the Environment website. www.environment.gov. au/marine/gbr/reef-trust. Soft coral, Great Barrier Reef Marine Park Authority 23 Yellow feather star, Great Barrier Reef Marine Park Authority 24
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