Biodiversity Offsets (Tasmania)

Development proposals in Tasmania require a ‘natural values assessment’ as part of the planning approval process. Developers present biodiversity offset proposals for impacts to threatened species and native vegetation communities to the regulator (the Department of Primary Industries, Parks, Water and Environment) for approval. Offsets are determined on a case-by-case approach, as there is no standard method for calculating impact and determining offsets. Developers are required to follow the mitigation hierarchy. The offset can be created via conservation measures or management activities, some examples of which are: improved conservation status of a site, management actions, restoration or revegetation, and research or surveys. Direct offsets are preferred, but indirect offsets may be allowed. At one point, payments to the regulator were allowed, but this practice is no longer preferred. Offsets are also negotiated under different guidance specific to dam construction and forest clearing proposals.

Program Statistics

Date Established: 2007 Status: Active 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: State of Biodiversity Markets Report 2010; TAS DPIPWE (Tasmania Government Department of Primary Industries, Parks, Water and Environment), 2007 General Offset Principles,$FILE/General%20Offset%20Principles.pdf; TAS DPIPWE, 2009 Guidelines for Natural Values Assessments: Reporting on the Impact of Proposed Developments on Natural Values and Providing Recommendations for Mitigating those Impacts,$FILE/Guidelines%20for%20Natural%20Values%20Assessments.pdf
Bank regulator information: Tasmania Government Department of Primary Industries, Parks, Water and Environment (TAS DPIPWE) Last Updated: December 1, 2009