Planet Ark Environmental Foundation, one of Australia’s largest environmental non-for-profits, has entered voluntary admission following a board review of the organisation’s “financial position and future viability”.
The organisation’s board attributed the current economic climate, the impact of COVID-19 on stakeholder support and ongoing funding challenges as factors that had significantly impacted their operations in recent years.
In a statement, the board said the decision “provides an opportunity for an independent assessment of the organisation’s affairs”…
