Environmental Offsets (Western Australia)

The State of Western Australia has a policy and guidance for environmental offsets: Guidance for the Assessment of Environmental Factor: Environmental Offsets – Biodiversity Guidance Statement No. 19 and Environmental Offsets Position Statement No. 9. A project proponent proposes a biodiversity offsets package during the Environmental Impact Assessment process when projects impact 'high' or 'critical' value biodiversity assets. Offsets can only be considered after following a mitigation hierarchy of avoidance, minimization, rectification, and reduction. The Environmental Protection Authority reviews the 'significance' of the impact, the extent and type of offset required on a case-by-case basis; there are no standard metrics for calculating impacts and determining offsets. Priority is given for offsets in the context of 'like-for-like' or 'like-for-better', but indirect ('contributing') offsets are allowed. The policy goal is a 'net environmental benefit.' The 2008 guidance document states that offsets must be publicly registered, but to date, a registry has not been implemented.

Program Statistics

Date Established: 2006 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; WA EPA 2008 Guidance for the Assessment of Environmental Factor: Environmental Offsets Biodiversity, Guidance Statement No. 19, http://www.epa.wa.gov.au/docs/2783_GS19OffsetsBiodiv18808.pdf; WA EPA 2006 Environmental Offsets, Position Statement No. 9, http://www.epa.wa.gov.au/docs/1863_PS9.pdf
Bank regulator information: Western Australia Environmental Protection Agency (WA EPA) Last Updated: December 1, 2009