Tanya Plibersek has told a G20 environment ministers' meeting in Bali that Australia hopes to create its own "Green Wall Street", where businesses from around the world can come to invest in environmental action.
She argued that by commodifying positive environmental work through "biodiversity/nature credits", Australia could potentially reverse the environmental crisis that was so starkly presented to her in the State of the Environment Report when she took office this year.
"Ultimately, I would like to see the market truly valuing nature, so that protecting forests is more valuable than destroying them," she said.
