Greening Australia and the pharmaceutical giant AstraZeneca will begin a project to plant 25 million trees on degraded landscapes in what will be one of the nation's largest-ever privately funded restoration projects | npomalley
Greening Australia and the pharmaceutical giant AstraZeneca will begin a project to plant 25 million trees on degraded landscapes in what will be one of the nation's largest-ever privately funded restoration projects.
The project is part of AstraZeneca’s efforts to reach net zero carbon emissions by 2025 and be carbon negative by 2030. As part of that project AstraZeneca has committed to planting 50 million trees around the world in a program called AZ Forest. Due to the Black Summer fires, the company decided to plant half those trees in Australia.
The project will create and preserve habitat and habitat corridors for endangered species affected by the bushfires, with a focus on species such as Eucalyptus punctata and Eucalyptus melliodora trees to increase access to food supply for the koala and Regent honeyeater, as well as she-oak trees, an important food supply for the threatened glossy black cockatoo.
Under the Greening Australia program, private landholders with areas of high-priority landscape and habitat are identified and commercial arrangements are made so farmers can access funding to care for and preserve the new habitat.According to Greening Australia chief executive Brendan Foran the project could create as many as 890 regional jobs over the next five years, engaging up to 150 Indigenous and non-Indigenous business subcontractors, seed suppliers and nurseries.
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