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Biodiversity Offsets and the credit market in the State of Victoria, Australia

by Portal Web Editor last modified Jan 10, 2013 09:47 AM
Recognised as a global leader in its approach to biodiversity offsets, Victoria's Native Vegetation Management Framework aims to reverse the long term decline in the extent and quality of native vegetation, leading to a net gain, across the entire landscape. The approach combines a no net loss regulatory framework with an offset credit market, which enables landowners to generate native vegetation credits by permanently protecting and improving biodiversity on their land and to sell credits to projects requiring offsets. A government operated service, BushBroker matches project offset requirements with landowners with suitable credits.
When Dec 17, 2012
from 11:00 AM to 11:00 AM
Where Webinar
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The presentation will cover the mitigation hierarchy - avoid, minimise, offset; Victoria's like for like rules for losses and gains; metrics for the measurement of loss and gain; the administration of the BushBroker system; and the evolution of offset regulation and market in Victoria over the last 10 years.

Michael Crowe is an independent consultant, formerly of the Department of Sustainability and Environment, Victoria.  Michael was one of the principal architects of the offset and credit market system in Victoria.  He was involved in the design and administration of the offset system and its subsequent refinement.  As an independent consultant he has advised several other countries on offset schemes and the potential adaptation of the approach to other settings.

More information on Victoria's native vegetation management system can be found here:

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System Requirements
PC-based attendees
Required: Windows® 7, Vista, XP or 2003 Server

Macintosh®-based attendees
Required: Mac OS® X 10.5 or newer

Mobile attendees
Required: iPhone®/iPad®/Android™ smartphone or tablet

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