Ecosystems and the Biodiversity Offset Scheme
The Biodiversity Offsets Scheme creates a transparent, consistent and scientifically based approach to biodiversity assessment and offsetting for development that is likely to have a significant impact on biodiversity.
The Biodiversity Offset Scheme was designed to ‘simplify assessment’, however experience has shown that the new Biodiversity Assessment Method is highly complex, much more so than the former BioBanking Assessment Methodology. It is underpinned by a range of technical datasets including benchmarks against which all data collected on your site are measured. Offset liability is measured in ‘credits’, the total equivalent amount of land that you will be required to purchase to offset the impacts of your project depends heavily on the condition of vegetation and habitat at your development site.
For developments with very low credit liability, payment into the Biodiversity Conservation Fund may be quick and easy way to get on with business. For medium to large and more complex projects with rich biodiversity values, paying into the fund will probably cost your project twice as much.
Based in Newcastle NSW, Delta Associates Pty Limited have been in the business of providing NSW Biobanking credits in the Hunter Valley since the outset of the program several years ago. Delta Associates Pty Limited have done over twenty NSW Biobanking credit sales transactions ranging from as little as a few credits to multi-year 4,000 credits sales.
We offer flexible contracting terms and credit pricing that meets the market. Your project may wish to secure credits today at today’s credits prices whilst having the flexibility of an option agreement or a deferred settlement. If our first credit sale with your firm is seamless, we expect you will contact us again when you have a further offset requirement.
Biobanking Ecosystem Credits
Frequently Asked Questions
Stewardship sites for Sugar Gliders have been marked across the Hunter Valley. Delta Associates holds a large number of Sugar Glider species credits across multiple sites in the region. Contact us today to discuss your requirements.
After quantifying the Biobanking Ecological Impact of your project, you can confirm with us the suitability of our available NSW Species Credits for your project. We have a number of Sugar Glider credits available under the biobanking scheme, and can guide you through the purchasing process. Contact us today to confirm credit purchase and transfer options.
Species credits are created for threatened species that cannot be reliably predicted using habitat surrogates. The number of species credits is calculated based on targeted survey reports. For more information, enquire today for consultation and advice.
If a landholder decides to generate biodiversity credits (by signing up to a biodiversity stewardship agreement) they can sell those credits to developers to offset the biodiversity impacts of the development proposal. Alternatively, government or philanthropic organisations may choose to purchase the credits to secure biodiversity protections for the site.
The sale price for these credits will be negotiated on a case by case basis by the landholder and the credit buyer. As a minimum, the price must include the costs of managing the stewardship site.
Enquire today
Contact Delta Associates today for more information on pricing and our flexible contract terms for Biobanking NSW credits.