Australia is one of the many countries now signed onto the United Nations Collaborative Programme on Reducing Emissions from Deforestation and Forest Degradation in Developing countries (REDD+). Contributions from the countries have agreed to contribute 3.5 Billion dollars (as confirmed by Penny Wong). I have asked Mr Appleford to provide the estimate of figures to be distributed to the Victorian state under this agreement.
I think it will be interesting to see how this money will be spent across the state, if provided at all...to be continued.
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