The Australian Government’s Approach to Biodiversity Conservation

An experienced finance and information technology professional, Nick Catsaras mines data and performs algorithmic analysis to trade in several asset classes. He is the managing director of Pegasus Research PL. Nick Catsaras is actively involved in economic climate change, including Australia’s biodiversity and environmental conservation efforts.

In November 2019, the Australian government, through the State and Territory Environment Ministers, endorsed Australia’s Strategy for Nature 2019-2030 and the new national approach to biodiversity conservation. The strategy will serve as the framework for all laws, policies, and actions that pertain to the environment, whether on the national, state and territory, and local levels.

The strategy has three goals. First, it seeks to connect Australians with nature. The strategy recognizes the role of nature in the physical and mental health of its citizens, as well as its participation in economic prosperity and national identity.

Second, the strategy seeks to care for nature so that each citizen will benefit from it. It seeks to improve conservation management of the country’s landscapes, seascapes, wetlands, and waterways. Additionally, the strategy will guide the use and development of natural resources in ecologically sustainable ways.

Third, the strategy seeks to increase the knowledge of decision-makers and policymakers to make the right decisions using an evidence-based approach. Every decision related to biodiversity, taxonomy, ecological sciences and management of nature should be drawn from scientific data and information.