grant

Discovery Projects - Grant ID: DP260102880 [ 2026-04-08 - 2029-04-07 ]

Research Grant

[Cite as https://purl.org/au-research/grants/arc/DP260102880]

Researchers: A/Prof Hedley Grantham (Chief Investigator) ,  Dr Michelle Ward (Chief Investigator) ,  Fran Sheldon (Chief Investigator) ,  Professor James Watson (Chief Investigator)

Brief description Harnessing value of Information theory to prevent species extinctions. This project aims to identify the costs needed to halt species extinction, addressing current discrepancies in funding estimates, that vary considerably. Using cutting-edge methods from economics, Value of Information principles, and systematic conservation planning, we will resolve the uncertainty in estimated costs associated with safeguarding species. Expected outcomes include new methods to enable accurate assessments of how much action is needed to avoid extinction, and the feasibility and overall costs of undertaking these actions. By reducing uncertainty, this project will help ensure conservation efforts are economically viable and ecologically effective, so Australia can adhere to its commitments to stop species extinction.

Funding Amount $630,575

Funding Scheme Discovery Projects

View this grant in the ARC Data Portal

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Identifiers
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ACN 633 798 857