Nature conservation

Biodiversity Reform

The NSW Biodiversity Conservation Trust

On 25 August 2017, the NSW Biodiversity Conservation Trust (BCT) was established with the commencement of the Biodiversity Conservation Act 2016

Under the Act the BCT will support and encourage landholders to enter into agreements to protect biodiversity on private land.

The BCT will invest $240 million to support working with landholders, farmers and other organisations that wish to participate in private land conservation.

The BCT will initially continue the private land conservation functions of the Office of Environment and Heritage and the Nature Conservation Trust. It also has a role to seek strategic biodiversity offsets where developers pay the Trust to meet their biodiversity offset obligations.

Existing agreements

If you have an existing agreement, including conservation agreements under the National Parks and Wildlife Act 1974, trust agreements under the Nature Conservation Trust Act 2001 and BioBanking agreements under the Threatened Species Conservation Act 1995, these agreements will be carried over and remain in place and will be managed by the NSW Biodiversity Conservation Trust. This means that properties protected under a permanent conservation agreement will continue to be protected in perpetuity.

For more information visit the NSW Biodiversity Conservation Trust.

Page last updated: 16 August 2018