Funding Arrangements
Overview
Regional NRM bodies manage the investment of significant public funding. Regional NRM Plans and Regional Investment Strategies (RIS) guide regional on-ground investments.
Regional NRM bodies largely source funding from the Australian and State Governments, in-kind funding from project partners and increasingly corporate sponsors. On average, regional bodies match $3 to every $1 from Government through community and corporate partnerships. Some match it over $5 to every $1 Government.
Funding arrangements from the Australian Government are outlined in the 2009-2010 Caring for our Country Business Plan. This outlines the investment focus, operational information and investment process. Up to $260 million (including the regional budgets) is available each year through the business plan. The Australian Government has committed to provide the 56 regional bodies with five years of base-level funding, with up to $138 million for 2009–10 nationally.
For more information on the Caring for our Country business plan 2009-10 visit the Australian Government's NRM website.
Queensland Government
The interim arrangement for continued funding from the Queensland Government is a commitment of $17.2 million for continuing a regional NRM program across Queensland in 2008-09. To read the full State Budget 2008-09 media release visit the Queensland Government’s Ministerial Media Statements website
Regional NRM Bodies
Regional NRM bodies offer a range of incentives, including financial and technical support, which vary across the state. Regional bodies partly deliver funds from the Australian Government (Caring for our Country) and the Department of Natural Resources and Water.
Regional NRM bodies are increasingly building partnerships with corporate investors addressing areas of Corporate Social Responsibility (CSR). See Partnerships and Participation for more information.
