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 has a general introduction to how BioBanking works for conservationists.

Information for CMAs outlines the role of Catchment Management Authorities (now known as Local Land Services) in BioBanking, how staff from Local Land Services 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  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
2015-2016

Application fee for biobanking agreement

$714

Application fee for variation of a biobanking agreement

$1,309

Application fee for termination of a biobanking agreement

$833

Annual landowner contribution fee for a biobank site

$1,309

Application fee for biobanking statement

$11,900

Application fee for modification of a biobanking statement

$1,309

Application fee for retirement of biodiversity credits

$595

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

$12,495

Application fee for biodiversity credit transfer

$119

Page last updated: 02 September 2016