Information for participants

The Biodiversity Offsets Scheme under the Biodiversity Conservation Act 2016 commenced on 25 August 2017 visit Biodiversity Offset Scheme.

The information on this page only remains relevant for savings and transitional arrangements under former legislation and policy. Visit Biodiversity Offset Scheme Transitional Arrangements for more information.

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.


Application fee for biobanking agreement


Application fee for variation of a biobanking agreement


Application fee for termination of a biobanking agreement


Annual landowner contribution fee for a biobank site


Application fee for biobanking statement


Application fee for modification of a biobanking statement


Application fee for retirement of biodiversity credits


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


Application fee for biodiversity credit transfer


Page last updated: 28 August 2017