The $77 million BushBank program will restore natural environments across Victoria through millions of native plants and trees being planted.
The trees and shrubs planted will be carefully selected to benefit a range of species.
$30.9 million will go towards habitat restoration on private land, while $2.7 million has been committed for works on public land.
The BushBank program also provides economic opportunities for Traditional Owners and supports their participation in restoration and carbon markets.
Restoration activities will include seed collection, weeding, fencing and planting.
The BushBank program will contribute to targets within Protecting Victoria's Environment - Biodiversity 2037, Victoria’s plan to stop the decline of our native plants and animals and improve our natural environment.
The BushBank program will also contribute to the Victorian Government’s goal of net zero emissions by 2050.
Habitat restoration on private land
The Victorian Government is investing $30.9 million to revegetate and restore at least 20,000 hectares of native habitat across private land in Victoria. That's an area 10,000 times the size of the Melbourne Cricket Ground (MCG) that will be transformed into healthy habitat for native wildlife.
Cassinia Environmental has been approved as the preferred delivery partner. Cassinia will work with the Victorian Government, Trust for Nature and more than 20 other partners to bring significant co-investment to achieve this ambitious goal and help private landowners tap into financial incentives available through land restoration and carbon markets.
Cassinia Environmental will now prepare a project implementation plan with their partners ahead of private landowner recruitment and planting and restoration activities.
If you are an interested private landowner, you can find more information about this project via habitat restoration on private land.
Habitat restoration on public land
The Victorian Government is investing $2.7 million to revegetate and restore 600 hectares of habitat in parks and reserves managed by DELWP or Parks Victoria. All projects are supported by Traditional Owners and include sites in the Grampians National Park, Wilsons Promontory National Park, Berrook State Forest in the Mallee, and the Northern Hume floodplain. This work will benefit species such as malleefowl, Major Mitchell's cockatoo, southern brown bandicoot and buloke.
Traditional Owner grants
Traditional Owners are important partners of the BushBank program, which provides opportunities for Traditional Owners to lead and participate in habitat restoration and carbon markets. $14.5 million will be available over 10 years via grants, to support these opportunities and promote Aboriginal self-determination.
Over the next four years, funding from the BushBank First Peoples Grants will support the delivery of 11 projects, totalling $3.7 million. These projects are designed to address biodiversity loss and climate change, and enable Traditional Owners to participate in healing Country and carbon markets, and to practice self-determination.
For more information please contact the DELWP BushBank team.
Page last updated: 03/09/22