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New Project “First in Australia” to Study Natural Capital Accounting in the Viticulture Industry

October 29, 2018 |

This article was originally published on Winetitles Media.

“A new Food Agility project aims to help grapegrowers with sustainable practices get better access to finance and to future-proof their businesses from environmental events like drought.

The project is a Food Agility Co-operative Research Centre (CRC) partnership involving the National Australia Bank (NAB), Australia’s single largest agribusiness financier, the Australian Wine Research Institute (AWRI) and leading data scientists at Queensland University of Technology (QUT).

It will identify links between environmentally sustainable practices among Australian wine-grape growers and long-term financial performance, a process known as natural capital accounting.

The outcome of the 12-month project will be a range of metrics that financiers can use to calculate risk and reward sustainable producers with more favourable lending terms, and that grape growers can use to understand which practices support long-term environmental and financial sustainability…”

Read on at: Winetitles Media.

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