Darwin Harbour Offsets (Northern Territory)

There is no biodiversity offset program in Northern Territory but within the recent draft Darwin Harbour Regional Management Strategic Framework 2009-2013, there may be a role for offsets. The draft plan states that economic development should not impose a net negative environmental impact and mentions offsets as a means of minimizing unavoidable impact. At this point offsets are in a very early stage of development.

Program Statistics

Date Established: 2009 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: Darwin Harbour Advisory Committee, Offsets program: Darwin Harbour Regional Management, Darwin: Northern Territory Government, 2009, available at http://www.nt.gov.au/nreta/water/dhac/pdf/offsets_programs.pdf
Bank regulator information: Darwin Harbour Advisory Committee http://www.harbourplan.nt.gov.au Last Updated: October 4, 2010