Biodiversity Offsets (Queensland)

Queensland is developing a ‘specific issue' biodiversity offsets policy under the Environmental Offsets framework. A consultation draft was made available in December of 2008, with a public comment period extending until March 2009. However, the final policy was postponed due to a state government election. After the March election, several government departments were amalgamated and the newly combined agency – the Department of Environment and Resource Management – will be releasing a new proposal for a State biodiversity offsets policy.

Program Statistics

Date Established: 2008 Status: In-Progress Program Type: One-Off Offset
About the program:
Annual size of program (area): (acre) Year of Data:
Cumulative size of program (area): (acre) Years of Data: -
Annual payments of program (US$): Year of Data:
Cumulative payments of program (US$): Years of Data: -
Notes on program size or payments:
Species or habitat types (if applicable):
Notes: QLD EPA, Consultation Draft Policy For Biodiversity Offsets, December 2008, available at http://www.epa.qld.gov.au/register/p02761aa.pdf
Bank regulator information: Queensland Government Department of Primary Industries and Fisheries Last Updated: October 4, 2010