How does the Sales Dashboard relate to the BioBanking Credits Sales Dashboard?
The Biodiversity Credits Market Sales Dashboard (the Sales Dashboard) and the BioBanking Credits Sales Dashboard are both web-based tools that provide biodiversity credit market data held in the Biodiversity Offsets Scheme public register. The tools provide data for credits based on the two separate underlying methodologies. The Sales Dashboard contains information about Biodiversity Assessment Method (BAM) credits based on data from the BOS public register, while the BioBanking Credit Sales Dashboard contains information about BioBanking Assessment Methodology (BBAM) credits based on data from the BioBanking public registers.
The Sales Dashboard does not include credit equivalences (from BBAM to BAM credits).
What is an Offset Trading Group?
Offset Trading Groups (OTGs) are groups of biodiversity credits that share similar biodiversity values. They define how ecosystem credits can be used to offset impacts on a like-for-like basis in combination with the offset rules. For more information on OTGs, refer to the Plant Community Type (PCT) to OTG lookup tool and the more detailed answer in the definitions section.
Why doesn’t the Sales Dashboard display any information about my credits?
The Sales Dashboard only provides data for BAM credits that have already been traded and registered in the BOS transactions register. Some credits have not yet been traded. This is because most trades have centred around impacts from specific areas of development (such as Central West and Western Sydney). For information on how to price untraded credits, refer to the Credit Pricing Guide.
What caveats about the data in the Sales Dashboard do I need to be aware of?
The sales information in the Sales Dashboard may not reflect a typical price discovery process because:
- some credit sales are between related parties (e.g. where the seller company is owned by the buyer) or may be 'self-trades' where the buyer and seller are the same
- some credit prices are based on an average price per credit where the seller has sold various types of credits in bulk, rather than pricing each credit individually.
As is the case in most markets, credit prices will vary according to the demand relative to the supply at the time of sale.
Can I search for sales of a particular Plant Community Type?
Yes, on pages 2 and 3 you may search for a particular PCT ID, the OTG the PCT belongs to or the corresponding BioMetric Vegetation Type ID (BVT ID) using the dropdown box. For more information on credit types, please visit our What are biodiversity credits? webpage or contact the BOS Help Desk. For more detailed information on Bionet Vegetation Classification, including classification of PCTs, please visit our About BioNet vegetation classification webpage.
Are credit sales outliers included in the data, and if so, what impact does this have?
The Sales Dashboard includes data relating to all BAM credits that have been traded, including related party trades, 'self-trades' and bulk trades. These trades may impact market prices. Users of the Sales Dashboard should be aware of this.
Why are some sets of credit prices based on an average price per unit rather than priced individually? How can I find out if this has occurred?
Credits may be traded in bulk transactions and so may not be individually priced. In this situation, a bundle of different OTGs and species credits is sold for a fixed price and the total value of the sale is averaged across all credit types. It is important to know if this has occurred, as credit prices from that transaction may not reflect the typical market value of a specific credit.
You can find out if a bulk trade has occurred by checking the BOS transactions register. If multiple trades share the same date, IBRA subregion and transaction ID – and have the same price per credit – this indicates that the total value of the sale may have been averaged across all OTGs and species credits.
Does the Sales Dashboard include data on credits retired where only the Total Fund Deposit value is considered in the transaction?
The current version of the Sales Dashboard does not specify if data relates to credits retired for the Total Fund Deposit value only.
Why are retired credits and prices from reverse auctions not shown?
Prices from credits bought by reverse auction are displayed as transactions but the Sales Dashboard does not specify if transactions were the result of reverse auctions. This is because while retiring credits is a biodiversity market transaction, it is usually not a priced transaction. Because of this, this information is not included in the Sales Dashboard. Information on retired credits can be found in the BOS transactions register.
Does the Sales Dashboard show where variation rules have been applied?
The Sales Dashboard does not indicate whether a credit was retired under the variation rules. This is because the Sales Dashboard reflects transactions recorded in the BOS transactions register, which does not currently indicate if variation rules have been applied.
Is the data for Threatened Ecological Communities treated differently?
No, the Sales Dashboard sources data for both Threatened Ecological Communities (TECs) and non-TECs from the BOS public registers.
Where can I find the number of credits traded in a sale or transaction?
By clicking on the 'average price over time' graph on page 2 the number of sales and number of credits for the selected OTG or species can be displayed. You can also access this data using the BOS transactions register.