Nature Foundation welcomes the Albanese Government’s announcement of the creation of a biodiversity certificates scheme. The development of legislation and a market to trade biodiversity certificates has the potential to facilitate investment – at scale - into landscape restoration and management.
We are further encouraged by the announcement that the market will be open to all land managers – whether they be farmers or conservation or Aboriginal and Torres Strait Island land managers. However it will be critical for the design and ongoing integrity of the scheme to be underpinned by scientifically robust biodiversity measurement and reporting. A national biodiversity market has the potential to complement and build on Nature Foundation’s work to save, protect and restore Australian landscapes. We look forward to participating in the government’s consultation for the scheme.
Nature Foundation is the leading provider of South Australian based biodiversity credits called Significant Environmental Benefit (SEB) credits. SEB credits are generated through active management of land to improve biodiversity and achieve a demonstrable net environmental gain. We currently manage SEB Areas over more than 60,000 hectares and across three locations – Witchelina Nature Reserve, Murbpook Nature Reserve and Gidgealpa Station.
Read the Prime Minister's Media Release.
Photo: Murbpook Lagoon (left), flood-runner (centre) and the River Murray (right) Credit Patrick Mentzel