The agreement provides a framework for the governments to work together to confront challenges never even contemplated in 1979. Nowhere is this more true than in relation to climate change - now the single most significant threat to the future of the Reef.
The agreement is the latest chapter in a long history of cooperation between Queensland and the Commonwealth on protection of the Reef.
The imperatives for the governments to work together to protect the Reef are only becoming stronger with challenges such as the impacts of climate change and catchment water quality and development.
Neither government can address these issues acting on their own.
The agreement provides a framework for cooperative action by the governments to protect and manage the Reef from both local and external pressures.
Implementation of the Agreement will be driven by the Great Barrier Reef Ministerial Council.
The Council will meet on 3 July 2009 for the first time under the new Agreement to discuss the challenges facing the Reef and set in motion joint action by the Australian and Queensland governments.
On the agenda for the Council is the new Reef Water Quality Protection Plan, a new agreement between the two Governments on how water quality going into the Great Barrier Reef Lagoon will be improved, and the actions they will take to protect this internationally significant icon.