Biodiversity offsetting provides for biodiversity values gained at stewardship sites to compensate for biodiversity values lost at development or clearing sites.
Biodiversity credits will be easier to secure and more efficiently priced through a $106.7 million investment in the NSW Budget to establish a strategic new fund.
The Planning, Offsets and Threatened Species and Ecosystems division is responsible for the Biodiversity Offsets Scheme, Biodiversity Credits Supply Fund, delivery of biodiversity stewardship agreements, and credits market performance and transactions.