New Website Features – Biodiversity Credits Wanted

Biodiversity Credits Wanted – Expanded Website Capabilities

Hunter BioBanking Credits has expanded to a new section on the website to include Credits Wanted.  A number of Delta Associates’ clients are seeking a greater range of credits than the Delta Group owns directly.

However, to better serve our clients, we have added this Credit Wanted section to the website.  Hunter BioBanking Credits is becoming one of the most visited biodiversity credit sale sites with targeted search engine optimisation ensuring the credits wanted listings will be seen.  If you are looking to purchase credits, feel free to contact us here.

Major Infrastructure Projects Ramping Up

As part of a response to the impact COVID 19 has had on the economy, the NSW Government is planning to fast track $4.3 billion worth of new projects, pending approvals.  This is expected to create over 8400 new jobs.  With this increased activity, projects will invariably require biodiversity credit offsets.  Now is a good time to purchase your biodiversity offset credit requirements before scarcity drives credit prices up and requires credit purchase from the BCT Fund which typically is at the higher end of the credit price range.

New BAM Calculator Version coming soon

A new version of the BAM Calculator was expected to be released mid-July, however this may now be released in mid-August.  It is expected the new calculator will generate a greater yield per hectare for Stewardship Sites.  It is worth considering holding off on your Stewardship finalisation with the Minister until this new calculator is available.  It may also be worth considering paying a variation fee, to have any existing Stewardship Site re-run through the calculator to consider getting the expected increased yield under the new calculator.  Either way, Delta Associates will keep you up to date when this new calculator comes out, and when we have been able to run the calculator to report on the expected increased yield. To better understand how this effects you get in touch.

NEW LISTING – White Box, Yellow Box, Blakleys Red Gum now a State and Commonwealth listed CEEC

White Box – Yellow Box – Blakely’s Red Gum Grassy Woodland and Derived Native Grassland in the NSW North Coast, New England Tableland, Nandewar, Brigalow Belt South, Sydney Basin, South Eastern Highlands, NSW South Western Slopes, South East Corner and Riverina Bioregions (commonly referred to as Box-Gum Woodland) had its conservation status increased to Critically Endangered Ecological Community (CEEC) on July 17, 2020.

The Plant Community Types (PCT) are in the Upper Hunter and Brigalow Belt regions and include PCT 382, 483, 484, 622, 166, 1691, 1695 and 1698.  This increase in status level, will not affect the credit yield per hectare, but over time may have the effect of increasing the credit price.

The Box Gum Grassy Woodland was previously listed as an Endangered Ecological Community in NSW and a CEEC under the Australian Government’s Environmental Protection and Biodiversity Conservation Act 1999.

Box Gum Grassy Woodlands are found on relatively fertile soils of the lower slopes on the tablelands and western slopes of NSW, grass and herbaceous species generally characterise the ground layer. Shrubs are generally sparse or absent. This community is also very important to the critically endangered Regent Honeyeater with as little as only 400 mature birds left in the wild.

Box Gum Grassy Woodlands have been drastically reduced in area and highly fragmented clearance due to disturbances such as cropping, pasture improvement, heavy-grazing by domestic stock urban development, mining and transport infrastructure leaving them severely depleted and fragmented.

Some remnants of these communities survive with many of the trees partly of wholly removed by post-European settlement activities, and conversely, other remnants of these communities survive with the tree species largely intact but ground layers degraded to varying degrees through grazing or pasture modification.