The Territory Government hosted the Eco-link Summit in Darwin 26 July 2010.

The Summit aimed to explore opportunities that the developing carbon market offer to deliver better conservation outcomes and improved land based livelihoods. The Summit also aimed to explore the establishment of a fund or foundation to capture some of the possible funding opportunities linked to carbon.

The Summit attracted wide and varied representation including scientists, pastoralists, policy makers, indigenous organisations, economists and bankers from around Australia.

The Summit was opened by Jim Grant, Chief Executive Officer for the Department of Natural Resources, Environment, The Arts and Sport.

Following a quick overview of Territory Eco-link was a number of interesting presentations;

These presentations were followed by a workshop session in the afternoon.

The workshop provided two major outcomes;

  • the need for a carbon / offset fund (designed to fund biodiversity outcomes within the eco-link corridor), and
  • the need for carbon rights legislation.

The preference expressed was for a fund to cover the entire Trans-Australian Eco-Link. There was also a clear preference for the fund to be administered by a “non-government” entity.