Cooperative Research Australia has welcomed the announcement today that One Basin Cooperative Research Centre has been confirmed as the third Cooperative Research Centre (CRC) as part of Round 23 of the CRC Program.
Minister for Science and Technology, the Hon Melissa Price MP announced that One Basin CRC would receive $50 million in Australian Government funding which will deliver a total of $154.4 million in funding to bring research organisations and industry together to solve major challenges facing Australia.
One Basic CRC will leverage more than $106.5 million in cash and in-kind contributions from 85 partners, working across five states and territories, over a ten-year period connecting industry, government, research organisations and the community to deliver science-based solutions that contribute to growth and benefit rural communities and the environment to manage climate and water risks in the Murray-Darling Basin.
The One Basin CRC will accelerate growth in the agricultural sector by tackling critical agriculture-water challenges. Powered by a strong innovation capacity that supports local Basin communities, businesses, industries, and water managers to adapt and thrive with changing global drivers they will develop policy, technical and financial solutions to build a resilient and sustainable Murray-Darling Basin.
“The Murray-Darling Basin is one of Australia’s most valuable natural assets and the One Basin CRC will bring together different sectors and communities to find solutions that will strengthen the Basin’s economy, environment, and people.
“First Nations peoples with their long connection and deep knowledge of the Basin will also be core to the CRC, “said CEO of Cooperative Research Australia Jane O’Dwyer.
“It has been one of the most contested natural assets we have and a wicked policy problem. The One Basin CRC, with strong community buy-in, five regional hubs and a place-based research strategy, will tackle these challenges and help realise the full potential of the Basin for the benefit of all Australians.”
The CRC Program is a proven model that supports industry-led collaborations between industry, business, researchers, government and the community within Australia and internationally to develop new technologies, products and services.
“Congratulations to interim CEO Professor Mike Stewardson, Chair Wendy Craik, and the whole team who developed the bid. Round 23 of the CRC Program has shown such high quality of applications and an incredibly competitive field.”
More information on the CRC Program is available at www.business.gov.au/crc