Method for estimating longer-term future demand for biodiversity credits

This document outlines the method used to estimate longer-term future demand for biodiversity credits, based on major projects that are in the early stages of the New South Wales planning approvals process.

Date
17 November 2023
Publisher
Department of Planning and Environment
Type
Publication
Cost
Free
Language
English
Tags
  • ISBN 978-1-923132-28-3
  • ID EHG20230357
  • File PDF 169KB
  • Pages 6
  • Name bos-method-for-estimating-future-demand-for-biodiversity-credits-230357.pdf

To estimate longer-term future demand for biodiversity credits, a spatial model was developed.

This spatial model takes input data in the form of digitised footprints of development proposals for major projects that are in the early stages of the NSW planning approvals process. These projects may have rough development footprints and have not yet undertaken a biodiversity development assessment report. The model overlays draft footprints with several key input layers, including vegetation mapping, to determine likely biodiversity values.

A credit demand estimate is then generated based on the Plant Community Types mapped by the NSW State Vegetation Type Map (SVTM) for each proposed development footprint.

The output contains both the demand and other relevant project information and metadata.