WMLIG has developed a scoping document which explores the growing market for environmental goods and services (EG&S) which will provide a new and more stable income stream to diversify and buffer farms against the cyclical and variable nature of farm incomes and improve preparedness for climate change. This reduces the reliance on government farm subsidy and support schemes, such as emergency drought relief, and incentivises good holistic farm management practices. The scoping document provides context for the development of pilot carbon and biodiversity programs at the local (MRC area) and regional / catchment scale level as have occurred in the Far West and Riverina area of NSW via the carbon + biodiversity pilot. WMLIG and partners have started aggregating a pilot proposal (a wildlife corridor) with several MRC landholders to take to market to attract investment from not only within Australia, but internationally from companies, ethical investor fund managers and impact offset schemes.