Information for participants


Landowners in NSW who are interested in protecting and conserving biodiversity values on their land may establish a biobank site and generate biodiversity credits. These can be generated by landowners who commit to enhance and protect biodiversity values on their land through a biobanking agreement. Credits may be sold to generate funds for the management of the site.

Information for landowners provides an introduction for landowners wanting to establish a biobank site.

Information for developers is designed to assist the development industry to understand BioBanking and how it can help identify land that is suitable for development, use the methodology to assess impacts and offsets, and buy credits.

Information for conservationists (09381conserv.pdf; 431 KB) has a general introduction to how BioBanking works for conservationists.

Information for CMAs (08611InfoForCMAs.pdf, 59 KB) outlines the role of Catchment Management Authorities in BioBanking, how CMA staff can become accredited assessors, ways in which BioBanking can help achieve catchment targets and how it fits in with other incentive programs.

The BioBanking Handbook for Local Government (08526bblocalgovhb.pdf, 1.2 MB) provides information on the role local councils play in incorporating the conditions of a biobanking statement into the relevant development consent. It also explains how BioBanking can be used to protect the local biodiversity.

BioBanking also gives Aboriginal landowners a chance to create jobs and business opportunities while managing Country for conservation.

BioBanking fees

The fees for the BioBanking Scheme are set out in the table below and are adjusted for CPI annually in August.

Fees
2014-2015

Application fee for biobanking agreement

$696

Application fee for variation of a biobanking agreement

$1,276

Application fee for termination of a biobanking agreement

$812

Annual landowner contribution fee for a biobank site

$1,276

Application fee for biobanking statement

$11,600

Application fee for modification of a biobanking statement

$1,276

Application fee for retirement of biodiversity credits

$580

Application fee for retirement of biodiversity credits (without a biobanking statement)

$11,600

Application fee for biodiversity credit transfer

$116

Page last updated: 14 August 2014