Significant changes to the way projects are assessed and offset
In 2016, the NSW Government introduced the Biodiversity Conservation Act (BC Act) and Local Land Services Amendment Act (LLSA Act). This new legislation repeals the Threatened Species Conservation Act 1995, the Nature Conservation Trust Act 2001 and parts of the National Parks and Wildlife Act 1974 and the Native Vegetation Act 2003.
This has resulted in new regulations, a Biodiversity Assessment Method (BAM), offsetting rules, sensitive biodiversity mapping, a credit pricing spreadsheet and other guidance documents.
The new regulations commence on 25 August 2017 and will result in significant changes to the way projects are assessed and offset in NSW.
Niche understands the implications of the new legislation
Our senior staff and directors have undertaken a detailed review of the incoming legislation for peak environmental and industry groups and understand the implications of the new legislation for developments in NSW.
A new way of assessing biodiversity and developing offsets for your projects
The new legislation will result in a new way of assessing biodiversity values and developing offsets for projects in NSW. Our staff, including our accredited environmental assessors, are ready to assist your team to navigate the application of the new legislation to your project.
How will the new legislation effect your project?
Biodiversity offsetting in NSW requires careful consideration given the investment costs involved. Niche is already working with a number of our mining and infrastructure clients who are currently undertaking environmental assessments for their projects to understand what the new legislative changes mean for them.
We are also working at the strategic planning level with a number of clients who are currently evaluating various future investment options and who need to understand the cost implications of the application of the new legislation to their businesses.
We would welcome the opportunity to apply our knowledge to your projects and your planning. Please don’t hesitate to contact Niche to discuss how we can assist you.
Further details on the reforms can be found at https://www.landmanagement.nsw.gov.au/