From April 2003 the Australian, state and territory governments committed up to $10 million over two rounds to the National MBI Pilot Program.
Round 2 of the program commenced mid-2006 and will finish by June 2008.
In November 2006, the Natural Resource Management Ministerial Council agreed to fund nine recommended projects under round two.
During the Round 2 selection process, the selection advisory panel identified the need for a National MBI Capacity Building Program. Capacity building is essential to increasing the potential for widespread success of well-designed MBIs for natural resource management.
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