‘Show us the money,’ environment groups say after Labor sets goal of preventing any new extinctions

Activists say major funding is required to get to Labor’s goal of zero extinctions, with the parma wallaby among those newly added to the country’s threatened species list. Photograph: Lachlan Gilding/Aussie Ark

The federal government will need to drastically increase funding for nature conservation in this month’s budget if it wants to prevent further extinction of native wildlife, conservationists say.

The environment and water minister, Tanya Plibersek, announced the zero extinctions target on Tuesday as part of a revamped action plan for threatened species, prioritising conservation efforts for 110 plants and animals and 20 places.