The Reef Trust
Reef Trust News
Reef Trust Phase Three Investment Programme
The application period for the Reef Trust Phase Three Investment Programme is now open, and will close on 15 February 2016.
Frequently asked questions updated
Note: Applicants are advised that the Frequently Asked Questions document for this Programme was updated with additional information in response to questions received during the application process. The new information can be found at the end of the document.
Reef Trust: Partnerships for the Reef
The Reef Trust has released Partnerships for the Reef, showcasing opportunities for the private and philanthropic sectors to partner with Reef Trust to help conserve our national treasure – the Great Barrier Reef.
Reef Trust tender-Burdekin - Reverse Auction
The reverse auction is now open. For those sugar cane farmers that submitted an expression of interest, you can now submit your tender
- Find out more - open from 10 December 2015 to 2pm (AEST) 18 February 2016
Reef Trust Investment Strategy Phase III
The Reef Trust has announced the third phase of investment of $58 million from 2015 – 2019.
New Partnership for the Reef Trust
The Reef Trust is partnering with Greening Australia, Birdlife Australia, Conservation Volunteers Australia and WetlandCare Australia, to deliver a project to restore and repair priority wetland areas.
Reef Trust Innovative Financial Mechanisms Panel
The recently announced Reef Trust Innovative Financial Mechanisms Panel will provide a forum for experts from leading financial organisations to discuss a range of conservation financing mechanisms which could be piloted for the Great Barrier Reef.
Further information about each of these announcements is available in the Media Release: Australia boosts Great Barrier Reef protection
About the Reef Trust
The Australian Government has committed $140 million to the Reef Trust to provide innovative, targeted investment focused on improving water quality, restoring coastal ecosystem health and enhancing species protection in the Great Barrier Reef region.
The Reef Trust is one of the key mechanisms assisting in the delivery of the Reef 2050 Plan , focusing on known critical areas for investment—improving water quality and coastal habitat along the Great Barrier Reef, controlling the current outbreak of crown-of-thorns starfish and protecting threatened and migratory species, particularly dugong and turtles. The Reef Trust has a strong focus on evaluation and adaptive management, to ensure it effectively contributes to the long-term sustainable management of the Great Barrier Reef.
The Reef Trust is designed to allow for the consolidation of investment from a wide range of sources to deliver the greatest outcome for the Reef from every dollar spent. It seeks to complement existing Reef investment by providing prospective investors with new opportunities to support the delivery of conservation and protection projects that align with the desired outcomes of the Reef Trust.
The Reef Trust is being delivered by the Australian Government, in collaboration with the Queensland Government, and the Great Barrier Reef Marine Park Authority. Reef Trust governance and administrative arrangements are in place to ensure all funds are effectively managed and directed towards priority on-ground actions. These arrangements leverage and complement the broader governance structure and processes for the Reef 2050 Plan and sit alongside arrangements for the Reef Water Quality Protection Plan 2013.
- Reef Trust governance and administration - fact sheet
Reef Trust investments are based on the best available science and consider opportunities to build on existing efforts by governments, natural resource management organisations and industry.
Independent expert advice on Reef Trust funding priorities is provided by the Reef 2050 Independent Expert Panel, chaired by the Commonwealth Chief Scientist Ian Chubb.
- Reef Trust overview - fact sheet
- Reef Trust Frequently Asked Questions (PDF - 84.84 KB) | (DOCX - 103.37 KB) - updated December 2015
- Reef Trust objective and outcomes
- Reef Trust investment approach
- Reef Trust investments
- Partnerships for the Reef
- Reef Trust offsets