Roughly 70% of all Australian species of plants, animals, fungi and other organisms have yet to be discovered, named and classified.

In this episode of Branch Out we’re featuring an episode from The Business of Biodiversity podcast: Taxonomy – the benefits of naming nature. You’ll learn about the fascinating and important field of taxonomy and how it's potentially worth billions of dollars to the Australian economy.

The Business of Biodiversity Podcast is produced by the Grow Love Project and Saving our Species program at the NSW Department of Climate Change, Energy, Environment and Water. Learn more about your ad choices. Visit megaphone.fm/adchoices