GRDC's net zero expenditure

Question

1. What was GRDC's total expenditure in 2024-25 on net zero, emissions reduction, greenhouse gas accounting, soil carbon, carbon markets, sustainability reporting, LEIFS, ZNE-Ag CRC and related work? 2. Of the $242.5m RD&E expense in 2024-25, how much went to climate, carbon, sustainability or emissions-related work? 3. GRDC says $150m is now co-invested in RD&E with direct sustainability outcomes. How much of that is GRDC money, how much is levy money, and how much is Commonwealth matching money? 4. What is the benchmark return Grains Research and Development Corporation requires before approving a project? Do you have a minimum RoI threshold for levy funded R&D? 5. Have you assessed whether emissions, carbon or sustainability reporting projects increase costs for grain producers? 6. Are industry levies or contributions used to fund climate, emissions, carbon accounting, net zero or sustainability-related R&D? If yes, what proportion of the total spend comes from producer or industry money?

Answer

Please see PDF attachment.

Documents

• Question with answer (PDF) (opens in a new tab)
• SQ26-000521.pdf (opens in a new tab)