Drought Future Fund lays groundwork for better outcomes

The Future Drought Fund has published its first annual report and is inviting stakeholders to comment on its work to ensure effective future outcomes.

The $5 billion fund was established in 2019 to provide a secure, continuous funding stream for drought resilience initiatives.

The fund’s foundational programs announced in July 2020 include farm business resilience, drought resilience planning, drought resilience leadership, and networks to build drought resilience.

The Federal Department of Agriculture, Water and the Environment (DAWE) administers the fund.

In a media release this week, DAWE said “Some good groundwork has been set in the fund’s first year and feedback is sought to ensure efforts are well directed and effective”.

Go to the department’s homepage to download the annual report and contribute feedback.

Consultations end on 15 December.