The Future Drought Fund is coming!

Register now to help shape the Future Drought Fund.

We plan to build drought resilience through a new $3.9 billion Future Drought Fund. The fund is expected to grow to $5 billion by 2028-29 providing a secure and continuous revenue stream for projects that build resilience, preparedness and recovery across Australia.

From July 2020, we will invest $100 million annually in projects that strengthen drought resilience, preparedness and recovery. This investment aims to lift the productivity and profitability of the agriculture sector and enhance the health and sustainability of Australia’s farming landscapes.

We are currently developing a Drought Resilience Funding Plan to guide this investment.

You will be able to share your ideas and help shape the Future Drought Fund. A public consultation will be open here soon for you to provide feedback on the draft Drought Resilience Funding Plan.

Stay informed about the upcoming consultation:

About the Future Drought Fund

The Future Drought Fund is an Australian Government measure to benefit all Australians.

From July 2020, we will invest $100 million annually in projects, including research and innovation, research extension, the adoption of new technology, improved environmental and natural resource management, infrastructure and community initiatives.

The Minister for Water Resources, Drought, Rural Finance, Natural Disaster and Emergency Management, the Hon. David Littleproud MP, is responsible for the programs. The Department of Agriculture will administer them.

Drought Resilience Funding Plan

We will develop the Drought Resilience Funding Plan, which is a rolling four-year high level framework. This plan will guide investment decisions for the programs.

We will be seeking your feedback on the draft plan in late 2019. The Consultative Committee will consult with stakeholders across Australia to inform the Plan.

We expect to finalise the Plan by February 2020.

Types of projects

The types of projects that might be funded include:

  • Restoring native vegetation for soil
  • Financial and business planning for primary producers to improve ability to manage through lower income periods caused by drought
  • Training and information for primary producers in areas such as finance and business planning, managing climate risk and sustainable stock management
  • Training and information on local climate variability and advice on climate risk applied to specific locations
  • Research in drought resilience
  • Water infrastructure
  • Improving data on fodder and impacts from drought, including market trends

Consultative Committee

The Consultative Committee will provide advice on the draft plan and the design of the programs to the Minister for Water Resources, Drought, Rural Finance, Natural Disaster and Emergency Management.

Members of the Committee must have expertise or experience in two or more of the following areas:

  • drought resilience measures
  • climate risk
  • the agriculture industry
  • rural and regional community leadership and resilience
  • rural and regional development
  • applied research
  • agricultural extension
  • economics.

The Committee will have a balance of gender, knowledge and skills. They will represent different regions across Australia affected, or that could be affected, by drought. We will announce the members shortly.

Register now to help shape the Future Drought Fund.

We plan to build drought resilience through a new $3.9 billion Future Drought Fund. The fund is expected to grow to $5 billion by 2028-29 providing a secure and continuous revenue stream for projects that build resilience, preparedness and recovery across Australia.

From July 2020, we will invest $100 million annually in projects that strengthen drought resilience, preparedness and recovery. This investment aims to lift the productivity and profitability of the agriculture sector and enhance the health and sustainability of Australia’s farming landscapes.

We are currently developing a Drought Resilience Funding Plan to guide this investment.

You will be able to share your ideas and help shape the Future Drought Fund. A public consultation will be open here soon for you to provide feedback on the draft Drought Resilience Funding Plan.

Stay informed about the upcoming consultation:

About the Future Drought Fund

The Future Drought Fund is an Australian Government measure to benefit all Australians.

From July 2020, we will invest $100 million annually in projects, including research and innovation, research extension, the adoption of new technology, improved environmental and natural resource management, infrastructure and community initiatives.

The Minister for Water Resources, Drought, Rural Finance, Natural Disaster and Emergency Management, the Hon. David Littleproud MP, is responsible for the programs. The Department of Agriculture will administer them.

Drought Resilience Funding Plan

We will develop the Drought Resilience Funding Plan, which is a rolling four-year high level framework. This plan will guide investment decisions for the programs.

We will be seeking your feedback on the draft plan in late 2019. The Consultative Committee will consult with stakeholders across Australia to inform the Plan.

We expect to finalise the Plan by February 2020.

Types of projects

The types of projects that might be funded include:

  • Restoring native vegetation for soil
  • Financial and business planning for primary producers to improve ability to manage through lower income periods caused by drought
  • Training and information for primary producers in areas such as finance and business planning, managing climate risk and sustainable stock management
  • Training and information on local climate variability and advice on climate risk applied to specific locations
  • Research in drought resilience
  • Water infrastructure
  • Improving data on fodder and impacts from drought, including market trends

Consultative Committee

The Consultative Committee will provide advice on the draft plan and the design of the programs to the Minister for Water Resources, Drought, Rural Finance, Natural Disaster and Emergency Management.

Members of the Committee must have expertise or experience in two or more of the following areas:

  • drought resilience measures
  • climate risk
  • the agriculture industry
  • rural and regional community leadership and resilience
  • rural and regional development
  • applied research
  • agricultural extension
  • economics.

The Committee will have a balance of gender, knowledge and skills. They will represent different regions across Australia affected, or that could be affected, by drought. We will announce the members shortly.

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