Biodiversity Offset Payment Calculator Technical Review

Extract

This extract from the technical review informed the consultation process on proposed changes to aspects of the Biodiversity Offsets Scheme. The review considered the broader financial framework and necessarily canvassed commercially confidential information. It is subject to further consideration, including by Cabinet.

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Date
22 March 2021
Publisher
Department of Planning, Industry and Environment
Type
Publication
Cost
Free
Language
English
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  • File PDF 1.8MB
  • Pages 33
  • Name biodiversity-offsets-payment-calculator-technical-review-consultatant-extract.pdf

The Strengthening the Biodiversity Offsets Scheme: A new approach to developer charges consultation paper provides the relevant background on proposed changes to aspects of the Biodiversity Offsets Scheme, sets out the proposals and rationale for the changes, and poses focus questions for consultation.

Important update

The Biodiversity Conservation Fund Charge System replaced the Biodiversity Offsets Payment Calculator on 17 October 2022. The new Charge System will be used to determine the amount a proponent may pay into the Biodiversity Conservation Fund to meet their biodiversity offset obligation.

The Biodiversity Conservation Trust is responsible for administering the new Charge System. For more information about the Charge System, including how to request a quote, please visit the Biodiversity Conservation Trust website.

Biodiversity Conservation Trust website