In a nutshell, what are biodiversity credits? In the plainest terms, voluntary biodiversity credits allow for companies and other major donors to pay for nature conservation, stewardship, or restoration and get an official measure of the positive impact. Here’s one way to think of it: Company X wants to support nature.
The NSW Biodiversity Conservation Trust recognises that many landholders face barriers to participating in the Biodiversity Offsets Scheme due to the high upfront costs of establishing a Biodiversity Stewardship Agreement. The assistance is intended to facilitate the supply of credits by helping landholders to undertake these assessments.
For example, a development such as a mine may require an area of native woodland to be cleared. To offset the clearing, another area of similar woodland can be protected and managed. This process is managed under the market based Biodiversity Offset Scheme and the protected land is referred to as a Biodiversity Stewardship Site.
Biodiversity stewardship agreements Biodiversity stewardship agreements are used for landholders wishing to generate and sell biodiversity credits under the Biodiversity Offsets Scheme. They provide permanent conservation and management of the biodiversity values on the land. Find out more; NSW Biodiversity Conservation Trust Revolving Fund's ...
The scheme consists of two elements: Developers and landholders who undertake development or clearing, generating a credit obligation which must be retired to offset their activity ; Landholders who establish a biodiversity stewardship site on their land, through Biodiversity Stewardship Agreements (BSA), generating credits to sell to ...
1. the Stewardship Report will calculate a deposit you must make into the Biodiversity Stewardship Payments Fund (Payments Fund) for ongoing management of the Site (Deposit). The Payments Fund then pays you scheduled management payments from the Deposit over the number of years determined in the Stewardship Report and by the Fund; and
The Biodiversity Offsets Scheme (BOS) was established under the Biodiversity Conservation Act 2016. The Biodiversity Offsets Scheme is the framework for offsetting unavoidable impacts on biodiversity from development with biodiversity gains through landholder stewardship agreements. Comprehensive resources on the NSW Biodiversity Offset Scheme ...
a Biodiversity Stewardship Site on private land, through a Biodiversity Stewardship Agreement between the landowner and the NSW Minister for the Environment, which is administered by the Biodiversity Conservation Trust (BCT). The agreement is attached to the land title and includes provisions that require current and future landowners to:
The Scheme is established by the Biodiversity Conservation Act 2016 (BC Act). How the Scheme works. Councils can establish a ‘biodiversity stewardship site’ (Stewardship Site) on eligible land within NSW by means of entering into a Biodiversity Stewardship Agreement (Stewardship Agreement) with the Department: s 6.17 BC Act.
Under the NSW offset scheme, private and public landholders are able to place their properties under what’s called Biodiversity Stewardship Agreements in perpetuity and receive ongoing payments to manage the conservation values of their property. There is also a direct financial sweetener if a landholder can sell more than 80% of their credits.
“Biodiversity stewardship is an approach to entering into agreements with private and communal landowners to protect and manage land in biodiversity priority areas, led by conservation authorities in South Africa. It recognises landowners as the custodians of biodiversity on their land. Biodiversity stewardship is based on voluntary commitments from landowners, with a range of different
The stewardship site is registered with the BCT under a Biodiversity Stewardship Agreement (BSA) and the credits from the site are registered with DEES and are then available for sale. On the sale of credits the calculated cost of the ongoing management actions, known as the Total Fund Deposit (TFD) , must be deposited into a government trust fund.
The BDSU methodology presents an approach to measure biodiversity intactness of an area based on measures of species richness. Measurements are then used to develop a score for biodiversity intactness. This and the size of the forest together determine the number of Biodiversity Stewardship Units (BDSUs) a project can issue.
There are numerous links between rural development, land reform, the biodiversity economy and biodiversity stewardship. All of these activities occur in rural landscapes, where natural biodiversity remains. Biodiversity stewardship can stimulate rural development by diversifying rural livelihood options; it can create a focus for a range of alternative rural development activities, such as eco ...
Biodiversity stewardship is an approach to entering into agreements with private and communal landowners to protect and manage land in biodiversity priority areas, led by conservation authorities in South Africa. It recognises landowners as the custodians of biodiversity on their land. Biodiversity stewardship is based on voluntary
