Native vegetation offsets
Requirement for a native vegetation offset
If a permit to remove native vegetation is granted, an offset which makes an equivalent contribution to Victoria's biodiversity will be required. Offset requirements are determined in accordance with Permitted clearing of native vegetation – Biodiversity assessment guidelines.
The offset requirement will outline:
- the type of offset which is required
- the amount of offset which is required
- any specific attributes the offset is required to have.
The offset requirement will depend on the nature of the loss that results from the permitted clearing.
What can be an offset
An offset can be one, or a combination of the following:
- improvement in the condition of existing vegetation with ongoing management and protection using an appropriate security arrangement
- revegetation of a site with ongoing management and protection using an appropriate security arrangement. Note there are restrictions on when revegetation can be considered an offset.
The Native vegetation gain scoring manual sets out the rules regarding site eligibility, offset security and how gain from an offset is calculated. In most cases, a habitat hectare assessment is required to calculate gain.
Permit holders can deliver offsets on their own land (also known as a first party offset) or purchase a native vegetation credit from a third party.
Third party offsets
Permit holders who are seeking a third party offset can contact a broker to assist them. A number of local councils and private companies currently provide broker services.
third party offsets are known as native vegetation credits (credits). The native vegetation credit register regulates the establishment, the sale and the use of credits.
Options for purchasing third party offsets are outlined in the fact sheet:
The native vegetation credit register keeps a record of native vegetation credits which are currently available for trading, as well as the contact details of offset brokers who can assist in the purchase of credits. The attached spreadsheet contains multiple tabs that include the following information:
- Traded credits, date traded and trade price
- Broker contact details who can assist in the purchase of credits.
The offset brokers can assist in explaining the process of purchased credits and will provide the appropriate documents to the native vegetation credit register.
First party general offset kit
The first party general offset kit assists landholders who are removing native vegetation and wish to secure a general offset on their own land. The kit sets out the offset eligibility criteria, and the minimum management commitments and security requirements needed to create a first party general offset.
The following offset management plan templates are to be used when securing a first party general offset in accordance with the first party general offset kit.
The first party general offset calculator calculates the gain generated from the management and security commitments at a first party general offset site. Instructions for use are included in the calculator. Note this calculator can only be used for first party general offset sites.
A yearly condition report must be provided for a first party general offset site. Use this template to complete a yearly offset condition report.
Please note: Document(s) on this page are presented in PDF format. If you do not have the Adobe Reader, you can download a copy free from the Adobe web site.