This inquiry was self-referred on 24 June 2021 to inquire into the Integrity of the NSW Biodiversity Offsets Scheme. Submissions closed on 31 August 2021. The inquiry is due to report on 24 November 2022.
Video recordings of hearings where available can be found on the NSW Parliament's YouTube channel here.
Clarifications to the Terms of Reference
1(b) - the use of offsets by the NSW Government for major projects and strategic approvals
This relates to the use of offsets for state significant development (SSD) and state significant infrastructure (SSI) major projects, including as part of strategic assessments (or biodiversity certifications) and the offsetting conditions that consent authorities apply to these types of projects.
1(c) - the impact of non-additional offsetting practices on biodiversity outcomes, offset prices and the opportunities for private landowners to engage in the scheme
Non-additional offsets are offsets that don't provide any additional conservation values or increase in biodiversity values, but still generate credits to enable the loss of existing biodiversity values. For example, converting existing nature reserves into offset credits.
The Parliament of New South Wales acknowledges and respects the traditional lands of all Aboriginal people, and pays respects to all Elders past and present. We acknowledge the Gadigal people as the traditional custodians of the land on which the Parliament of New South Wales stands.