Financial support from governments around the world to industries that facilitate harm to the environment is one of the biggest barriers to stopping biodiversity loss. So much so that an international agreement signed by Australia in 2022 known as the Global Biodiversity Framework (GBF), called for an annual reduction of $700 billion worth of this support by 2030 globally. But in its first GBF progress report, the federal government left out any data on incentives it provided to the fossil fuel industry.
Original Article: Australia's biodiversity report card leaves out fossil fuel support