1 / 10

Native Vegetation Offsets: are they a viable option?

Native Vegetation Offsets: are they a viable option?. Brendan Grigg Lecturer Flinders University Law School. The points to consider:. What are biodiversity offsets? Examples of various biodiversity offset schemes

aolani
Download Presentation

Native Vegetation Offsets: are they a viable option?

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Native Vegetation Offsets: are they a viable option? Brendan Grigg Lecturer Flinders University Law School

  2. The points to consider: • What are biodiversity offsets? • Examples of various biodiversity offset schemes • Drawbacks that have been identified with ecology restoration projects that are the key to offset schemes • Considerations for developing a native vegetation offset scheme.

  3. Biodiversity Offsets:what are they? “no net loss of habitat over time” Maron, M, et al “Can offsets really compensate for habitat removal? The case of the endangered red-tailed black cockatoo” (2010) 47 Journal of Applied Ecology 348, 348

  4. Biodiversity Offsets:what are they? Market-based schemes and Non market-based schemes

  5. Non market-based biodiversity offset schemes: The “significant environmental benefit” offset in the SA Native Vegetation Act • an example of an existing native vegetation offset scheme

  6. Market-based biodiversity offset schemes: Some use existing markets: • The Eastern Mount Lofty Ranges BushBid system • BushTender, EcoTender, BushBroker schemes (Victoria) Others create “markets”

  7. Market-based biodiversity offset schemes: STEP 1: the creation by a landowner of the “credit” by undertaking actions to restore, protect, enhance native vegetation. STEP 2: the sale of the credits to a central “pool” in return for entering into a binding agreement to continue the activity. STEP 3: the developer who is required to offset a native vegetation loss buys sufficient “credits” from the central “pool”.

  8. Market based biodiversity offset schemes: eg:BioBankingScheme in NSW Threatened Species Conservation Act 1995 (NSW)

  9. Market-based biodiversity offset schemes: Advantages: • Greater flexibility • Turn a “liability” into an “asset” Dangers and Concerns: • Is biodiversity something that can/should be traded at all? Compare to carbon emission trading. • Time lags • Science of restoration ecology is still a developing area

  10. Policy considerations for biodiversity offset schemes: 1) Redlight and green light zoning 2) Cautious science-based policy planning

More Related