A NSW Parliamentary committee has recommended a full review of the NSW Biodiversity Offsets Scheme, to improve its integrity and transparency and to fix the serious flaws in the biodiversity offsets market.
One of Australia's largest carbon offsets providers is joining forces with environment group WWF to restore habitat for endangered koalas in the NSW Northern Rivers region.
The Victorian government will direct $30.9 million towards restoring biodiversity and boosting carbon sequestration on at least 20,000 hectares of private land.
Three governments – including South Australia's incoming Labor government – are taking steps to encourage farmers to deliver more abatement and protect biodiversity.
A new NSW bill enables the state government to monetise biodiversity and carbon sequestration actions in national parks that go beyond business-as-usual.