First Nations communities in Northern Australia have long applied Traditional Ecological Knowledge (TEK) to sustainably manage land and resources. As economic landscapes evolve, there is growing recognition of the vital role Indigenous enterprises play in regional economies, demonstrating a holistic integration of cultural, environmental, and financial sustainability.

This presentation explores how TEK can be incorporated into economic models, ensuring that Indigenous-led enterprises align with both cultural values and market-based opportunities. Using case studies and economic evaluation methods, it highlights successful Indigenous initiatives, including land stewardship programs, carbon credit markets (ACCUs), sustainable agriculture, and ecotourism. These examples emphasize the broader economic value of cultural assets, illustrating how Indigenous knowledge systems contribute to long-term regional development.

A key discussion point is the economic evaluation of cultural values, moving beyond traditional financial assessments to incorporate the intrinsic and societal benefits of Indigenous practices. This approach strengthens economic resilience by recognizing Indigenous heritage, sustainability ethics, and land management expertise as key economic drivers.

The session will address key questions:

How can economic frameworks properly account for Indigenous cultural and environmental values?
What policy and investment strategies best support Indigenous-led enterprises?
How can regional and industry partnerships ensure self-determined economic development?