BushBroker - A native vegetation credit registration and trading scheme
BushBroker home | Opportunities for landowners | Assistance for developers | Trade prices | Native vegetation credit register | Native Vegetation home
| Introducing BushBroker The Victorian Government has adopted a new ‘whole-of-landscape’ approach to protect and restore native vegetation to ensure better biodiversity outcomes and achieve greater certainty and economic efficiency. BushBroker, Victoria’s native vegetation credit trading system facilitates the new approach. In most cases the clearing of any native vegetation that requires planning approval must be offset by a gain elsewhere. Offsets are permanently protected and linked to a particular clearing site. Offsets can often be generated on the permit applicant’s own property. But there are situations where this is not possible. For example, where there is no suitable site on the property or the applicant is not able to manage the native vegetation in the long-term. Publications  BushBroker Expression of Interest brochure 2008 (PDF - 1.0 MB) BushBroker information paper (PDF - 1.3 Mb) BushBroker fact sheet (PDF - 125 Kb)What is BushBroker? BushBroker represents a new direction for native vegetation management. It provides a system where offsets can be located on a different property to where the native vegetation is being cleared through the purchase of native vegetation credits (a gain in the quantity and/or quality of native vegetation that is subject to a secure and ongoing agreement). Native vegetation credits are listed on the Native Vegetation Credit register and these can be bought by another party and subsequently used as an offset for the approved clearing of native vegetation. Who benefits from BushBroker? The trading of native vegetation credits provides benefits for landowners, developers and other land managers, the economy and the environment. Landowners are offered an opportunity to improve biodiversity on their property as well as a potentially new income stream. Developers and land managers are provided with a convenient and cost-effective option to secure offsets. For the environment, BushBroker will lead to more sustainable offset arrangements with larger, more intact, areas of native vegetation and better biodiversity outcomes. It will help avoid the problems of managing numbers of small areas of native vegetation which are unlikely to be sustainable in the longer term. |    |
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