Koala Offsets (Queensland)

Queensland's Koala Offsets program is driven by compliance for impacts to koalas and koala habitat unde the Nature Conservation (Koala) Conservation Plan of 2006 and Management Program 2006-2016, Policy 2: Offsets for Net Benefit to Koalas and Koala Habitat, enforced by the Nature Conservation Agreement of 1992. Activities which result in habitat loss in Koala Conservation Areas and Koala Sustainability Areas must be offset by activities such as planting of cleared habitat or securing vegetated habitat that is under threat from development. The policy allows indirect offsets like projects to reduce vehicle mortality on koalas. Fees to a compensation fund, however, are not allowed. The policy requires a net benefit to koala habitat, with offset ratios of greater than 5:1.

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: http://www.derm.qld.gov.au/wildlife-ecosystems/wildlife/koalas/koala_crisis_response_strategy/state_planning_policy.html
Bank regulator information: Department of Environment and Resource Management, info@derm.qld.gov.au Last Updated: September 23, 2010