Message to all Biodiversity Offsets Payment Calculator users
Following the deferral of the September 2020 quarter Biodiversity Offsets Payment Calculator (BOPC) update, the December 2020 quarter BOPC update has also been deferred due to a lack of sufficient data to inform a complete assessment. As an econometric model, the BOPC relies on sufficient statistical information to produce robust estimates and avoid volatile fluctuations in estimated prices.
The final 6 months of 2020 saw a 75% reduction in trading activity registered compared to the same period in 2019.
Please note that the existing BOPC charges will continue to apply until further notice.