Woomargama Station is delighted to be one of the 50 farm strong pilot project regarding Natural Capital Accounting which is being undertaken by La Trobe University’s Centre for Future Landscapes in conjunction with Bush Heritage Australia.
This is important work to measure the progress, both increase and decrease, of natural capital assets on farms, and to benchmark results.
Financial success, and setting targets for return on the monetary value of the farm, are meaningless if you are depleting the natural capital assets of the farm to do this, (for example via erosion, topsoil loss, overgrazing etc).
Natural capital data is increasingly relevant as we look to privately held land in Australia to be carbon sinks and biodiversity conservation areas in our endeavours to mitigate climate change and biodiversity loss.
