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National Objectives and Targets for Biodiversity Conservation, 2001-2005

By Government of Australia
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Biodiversity describes the organisms in the
natural environment, which provide the
ecosystem services that form our natural capital:
fresh water, clean air, soil fertility and biological
pest control. Biodiversity is fundamental to the
future sustainability of the world’s natural
resources. A recent report by the World
Resources Institute values the ‘free’ ecosystem
services at over $30 trillion to the global
economy each year. Conservation of
biodiversity, on economic grounds alone, needs
to become core business in the management of
our natural resources.