BIODIVERSITY STEWARDSHIP SITE Assessment reports

What is the Biodiversity Offset Scheme?

A Biodiversity Stewardship Agreement (formerly BioBanking Agreement) forms part of the new market-based Biodiversity Offset Scheme that is managed by the NSW Department of Planning, Industry and Environment (DPIE). The scheme provides funds for landowners to manage their land for conservation, with the potential for capital gains.

2 Key Elements:

1. Developers & Landowners undertake development or clearing = generate a credit obligation that is required to be offset

2. Landholders who establish a biodiversity stewardship site on their land generate credits to sell to developers or landholders to offset the activity at other sites

How Narla Can help:

Narla’s experienced, Accredited Biodiversity Assessors have been appointed by the Department of Primary Industry and the Environment (DPIE), and are dedicated to providing complete support throughout the entire Biodiversity Stewardship Site application process.

Our team of ecologists use their extensive experience conducting biodiversity assessments to deliver the highest quality service, in a cost-effective manner. Our intimate knowledge of threatened plants and animals across NSW enable us to tailor our ecological surveys to each site. Narla leads the field in the use of advanced methods and software programs to detect threatened species that are difficult to find using traditional techniques.

is your property suitable for a biodiversity stewardship agreement?

If you are interested in establishing a Biodiversity Stewardship Site on your property, Narla can carry out an initial Feasibility Assessment Report to provide you with the base information on the credit potential of your property. Narla’s experienced ecologists will conduct broad-scale vegetation mapping and vegetation community identification to provide an initial indication as to the potential value of your property.

The Biodiversity Conservation Trust (BCT), a statutory not-for-profit body established under Part 10 of the Biodiversity Conservation Act 2016, now allows interested parties to apply for a fixed price per hectare per year for the conservation of biodiversity in certain priority investment areas. The biodiversity credit open fixed price offer (Open FPO) is available on a continuing basis for all credits on the BCT’s Wanted Credits List. To apply, you are required to submit a BSA feasibility assessment prepared by an accredited assessor. Narla are experienced at providing BSA feasibility assessments for clients across NSW.

We service the whole of New South Wales, including Greater Sydney, Western Sydney, Central Coast, Newcastle, Blue Mountains, Hunter Valley, Wollongong and Illawarra, Southern Highlands, Eurobodalla, Shoalhaven, Port Macquarie, North Coast, Central West and the rest of regional New South Wales.