What is Biodiversity Offsetting?

Landowners can establish a Biodiversity Stewardship Site under the NSW Biodiversity Offset Scheme (BOS) enabling them to earn income for managing their land to improve its biodiversity.
Under the BOS it is necessary for developers who clear native vegetation to provide biodiversity offsets to compensate for the loss of biodiversity values from their development site.
The framework for the scheme was established under the NSW Biodiversity Conservation Act 2016 (BC Act). The result of this legislation is that there is a market for biodiversity “credits” under the scheme. These credits are created by establishing a Biodiversity Stewardship Site on private land, through a Biodiversity Stewardship Agreement between the landowner and the NSW Minister for the Environment, which is administered by the Biodiversity Conservation Trust (BCT).

By establishing a Biodiversity Stewardship Site you can:
  • Conserve the site’s biodiversity values into the future
  • Retain your land in private management and ownership
  • Make a profit from the proceeds of selling your credits
  • Earn an income for managing the land for conservation
  • Use the Biodiversity Stewardship Site for other compatible purposes such as ecotourism activities or cultural uses

The LOOP: Landholder Origination & Offsets Portal

Niche works with landowners and managers, guiding them through the process of establishing a conservation site, generating credits and selling credits.

To help landholders take the first step in assessing the potential of their land for conservation, we’ve developed The LOOP, an online map-based enquiry form, that will be launching soon.

To register your interest and better understand the suitability of your site, contact us and one of our consultants will be in touch.

What our landholder clients say

As farmers we feel that this is a great opportunity for us to participate in helping protect a diverse patch of threatened ecological communities and species on private land. We adore the uniqueness of the property and this will allow future generations to enjoy a diverse landscape in a world that’s leaning towards monocultures for mass food production”.

Owners of Journey’s End West Biodiversity Stewardship Site, near Hill End, NSW

Key people

  • Dr Amanda Griffith BSc (Hons), PhD

    Manager – Natural Capital Supply

  • Simon Tweed B Env Sc (Hons)

    Manager – Natural Capital Strategy