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Malcolm govt promises A$1bn fund to protect Great Barrier Reef

Australian Prime Minister Malcolm Turnbull on Monday vowed to create a A$1-billion fund to protect the Great Barrier Reef.

Malcolm, who is facing a general election on July 2, said that a re-elected Coalition government would provide the funding over ten years to invest in finance for projects in the reef catchments area that delivered clean energy, reduced emissions and improved water quality.