Spotlight on Partnership: The University of Melbourne Joins the Nature Positive Economy CRC

March 19, 2024

The Nature Positive Economy CRC is excited to spotlight a transformative partnership with the University of Melbourne, a globally recognized institution that excels in research and innovation. Known for its commitment to addressing the world’s most complex challenges, the University of Melbourne brings a wealth of knowledge, experience, and expertise to our collective efforts to drive Australia towards a sustainable, nature-positive future.

 

The University’s Vision for a Nature Positive Future

The University of Melbourne has long championed the cause of sustainability and environmental stewardship. Recognizing the pressing need for decisive action to combat biodiversity loss and ecosystem decline, the University recently launched the Melbourne Biodiversity Institute. The University of Melbourne sees the partnership with the Nature Positive Economy CRC as a vital step towards effecting real change. The University’s dedication to fostering a nature-positive society aligns seamlessly with the CRC’s mission, making this collaboration a powerful force for innovation and leadership in the private sector’s contribution to biodiversity conservation.

 

Motivation for Joining the Nature Positive Economy CRC

The decision to join the Nature Positive Economy CRC was driven by a shared understanding of the urgent need for a collective response to the biodiversity crisis. The University of Melbourne , through the Melbourne Biodiversity Institute is committed to leveraging its research capabilities to support businesses in transitioning towards nature-positive practices. This includes harnessing the growth in carbon markets to deliver outcomes that simultaneously reduce greenhouse gas emissions and restore nature, all underpinned by high-integrity measurement and certification processes.

 

Excitement for the Future

The University of Melbourne is particularly enthusiastic about the CRC’s potential to develop and scale best practice measures for nature-positive outcomes and to foster innovative business practices that benefit rather than harm nature. This includes addressing the environmental impacts of large financial investments and climate change mitigation measures, such as renewable energy infrastructure development and carbon farming.

 

Meet the Team from the University of Melbourne

The University of Melbourne‘s team comprises leading researchers who bring diverse expertise to the CRC:

Professor Brendan Wintle is Director of the Melbourne Biodiversity Institute. A conservation ecology and modelling expert, Professor Wintle is passionate about improving decision-making and demonstrating return on investment in nature through rigorous measurement and monitoring.

Dr. Rachel Morgain: With a focus on interdisciplinary research and the interweaving of knowledge systems, Dr. Morgain works on nature-based climate adaptation and resilience, aiming to bridge cultural, social, and environmental dimensions in caring for living worlds.

Professor Tom Kompas: A leading figure in environmental economics and biosecurity, Professor Kompas’s work on ecosystem services valuation and market design is pivotal to achieving high-valued nature-positive outcomes.

Dr. Attila Balogh: An expert in corporate governance, corporate finance, and biodiversity finance, Assistant Professor Balogh brings a unique perspective on the financial mechanisms that can support nature-positive transitions.

Looking Ahead

The partnership between the Nature Positive Economy CRC and the University of Melbourne represents a significant milestone in our journey towards a sustainable future. By combining the University’s research prowess with the CRC’s collaborative framework, we are poised to make substantial progress in transitioning Australia to a nature-positive economy. This collaboration is a testament to the power of collective action in addressing some of the most pressing environmental challenges of our time.

 

Stay tuned for more updates as we continue to work together, harnessing innovation and interdisciplinary approaches to support key industries in making an evidence-based transition towards a nature-positive economy.

 

Get in Contact

We are seeking feedback on the key elements of success for this proposal for a national, translational research centre that supports Australia’s transition to a nature positive economy.

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