Anyone who has lived in Australia can attest to the extreme fluctuations in weather and climate conditions that occur all year round. We live in a harsh but beautiful continent known for its floods, droughts, heatwaves and bushfires. In the past month alone we experienced a devastating one-in-100-year flooding event from extreme rainfall on the east coast of Australia.
While climate change affects different sectors in different ways – including energy, health and transport – it has the most impact on our agricultural sector.
Concerningly, a report recently released by the Australian Bureau of Agricultural and Resource Economics and Sciences revealed that since 2000, climate change has reduced the annual profitability of Australian farms by 22%, and cut Australian cropping farms’ revenues by approximately $1.1bn a year.
Australian farmers are resilient and adaptable – they are innovators on the frontline in the battle against climate change – but the rate and severity of climate change here in Australia is only continuing to intensify. Sadly, business as usual is no longer an option for many.