Registration of Biodiversity Credits - New South Wales

Description

You are required to apply for this registration if you have generated biodiversity credits under the Biobanking Scheme, and again, separately, if you have sold or transferred those credits.

The Biobanking Scheme enables biodiversity credits to be generated by landowners who commit to enhancing and protecting biodiversity values on their land through a Biodiversity Stewardship Agreement. These credits can then be sold to either:

  • companies seeking to counterbalance (or offset) the impacts of their development activities on biodiversity values
  • entities seeking to invest in conservation outcomes.

Please consult the Contact Officer for more information.

Service type

Licence

A licence defines the need to obtain recognition / certification and registration to undertake a certain business activity.

Eligibility requirements

To be eligible for this registration you must:

  • be the owner of a biobank site which forms part of the Biobanking Scheme
  • have completed specified management actions to improve the biodiversity value of your biobank site
  • provide any other required information or fees to the Agency.

Please consult the Contact Officer for more information regarding eligibility requirements.

Fees

Fees Details for this service in table format.

Task Type Business Structure Amount Description
Cancel Cancellation All $1655.00

Retirement of biodiversity credit. Fees for 2022-23

Transfer Transfer All $1655.00

Fees for 2022-23

Forms

Act(s) name

Biodiversity Conservation Act 2016 New South Wales

Regulation(s) name

Biodiversity Conservation Regulation 2017 New South Wales

Administering agency

Department of Planning and Environment

Environment, Energy and Science Group

Contact details

Contact Email, Phone and Address Details for this service in simple two column table format, header then data.