Environmental offsets are conditions imposed on proponents, such as developers. The offsets make up for unavoidable impacts from a proponent’s actions.
Guiding principles for environmental offsets
A proposed environmental offset should be guided by ten policy principles. Based on international best-practice, these help to ensure offsets are appropriate, feasible, and beneficial.
Proposing an environmental offset
Your proposal should include a rationale and all required information. It should provide an evidence base, such as facts and figures needed for related calculations. Together, the required information enables an offset approval decision.
A suitable and feasible offset is guided by the Offset Policy principles. The department works out how well a proposed offset meets these principles. The department also uses the Offset Assessment Guide (OAG) to determine the scale of an offset.