Smart allocation of restoration funds

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Over a quarter of Australia’s native forests and woodlands have been cleared since European settlement, and vegetation restoration is urgently needed to avoid further loss of species and ecosystem services (such as clean air and water). This project aims to develop new theory and methods to help environmental managers allocate restoration funds for vegetation recovery in a way that addresses the tension between risk aversion and aspirations to maximise return on investment. Restoration ecologists and decision scientists are here partnered with natural area managers from the City of Gold Coast, to make public expenditure on restoration more effective, efficient and transparent.