Effectiveness of the biodiversity offsets scheme / Audit Office of New South Wales
- Bib ID:
- 8668398
- Format:
- Book
- Online Access:
- National edeposit
- Related Online Resources:
- Access Conditions:
- National edeposit: Available online
- Description:
-
- Sydney, NSW : Audit Office of NSW, 2022
- 1 online resource (69 pages)
- File Characteristics:
- text file PDF 3.4MB
- Technical Details:
- Mode of Access: Available online.
- Summary:
-
"The NSW Biodiversity Offsets Scheme was established in 2017 under the Biodiversity Conservation Act 2016 (the Act). The purpose of the Act is to, 'maintain a healthy, productive and resilient environment for the greatest well-being of the community, now and into the future, consistent with the principles of ecologically sustainable development'. The Department of Planning and Environment (DPE) designed and manages this Scheme. Under the Act, a feature of the Scheme is a 'market-based conservation mechanism through which the impacts to biodiversity can be offset.' The Scheme enables landholders to establish in-perpetuity Biodiversity Stewardship Agreements (BSAs) on sites to generate biodiversity credits, which can be sold to offset the negative impact of development on biodiversity. BSA sites are intended to be managed over the long-term to generate the biodiversity gains required to offset the impact. The Biodiversity Conservation Trust (BCT) monitors and supports landholders to manage BSA sites under the Scheme. This includes making payments to landholders from funds held in the Biodiversity Stewardship Payments Fund for undertaking the required biodiversity management actions. This audit examined whether DPE and the BCT have effectively designed and implemented the Biodiversity Offsets Scheme to compensate for the loss of biodiversity due to development."
- Notes:
-
- "Performance audit 30 August 2022" -- Title screen.
- Audit Office of New South Wales logo on title screen.
- Includes appendices.
- Title from title screen.
- Includes references.
- Subject:
-
- New South Wales. Department of Environment and Planning
- New South Wales Biodiversity Conservation Trust
- Biodiversity conservation -- Economic aspects -- Australia -- New South Wales
- Biodiversity conservation -- Economic aspects -- New South Wales
- Biodiversity conservation -- Australia -- New South Wales -- Auditing
- Biodiversity conservation -- New South Wales -- Auditing
- Biodiversity -- Australia -- New South Wales -- Management
- Biodiversity -- New South Wales -- Management
- Sustainable development -- Australia -- New South Wales
- Sustainable development -- New South Wales
- Biodiversity conservation -- Economic aspects
- Sustainable development
- New South Wales
- Genre/Form:
- Electronic books
- Other authors/contributors:
- New South Wales. Audit Office, author, issuing body
- Also Titled:
- NSW Auditor-General's Report to Parliament : effectiveness of the biodiversity offsets scheme
- Copyright Information:
- © Copyright reserved by the Audit Office of New South Wales
- Copyright:
-
In Copyright
You may copy under some circumstances, for example you may copy a portion for research or study. Order a copy through Copies Direct to the extent allowed under fair dealing. Contact us for further information about copying.
Copyright status was determined using the following information:
- Material type:
- Literary, dramatic or musical work
- Published status:
- Published
- Publication date:
- 1988
Copyright status may not be correct if data in the record is incomplete or inaccurate. Other access conditions may also apply. For more information please see: Copyright in library collections.