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. Further information BushBroker ® BushBroker® is a registered trademark of the State of Victoria (Department of Sustainability and Environment) Published by the Victorian Government Department of Sustainability and Environment Melbourne, March 2008 © The State of Victoria Department of Sustainability and Environment 2008 This publication is copyright. No part may be reproduced by any process except in accordance with the provisions of the Copyright Act 1968. Authorised by the Victorian Government, 8 Nicholson Street, East Melbourne. Printed by Stream Solutions Printed on 100% Recycled paper ISBN 978-1-74208-008-6 (Print) ISBN 978-1-74208-009-3 (Online) For more information contact the DSE Customer Service Centre 136 186 Disclaimer This publication may be of assistance to you but the State of Victoria and its employees do not guarantee that the publication is without flaw of any kind or is wholly appropriate for your particular purposes and therefore disclaims all liability for any error, loss or other consequence which may arise from you relying on any information in this publication. www.dse.vic.gov.au Trading native vegetation credits BushBroker® BushBroker® Trading native vegetation credits Trading native vegetation credits 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 registration and trading system, will facilitate the new approach. In most cases the clearing of 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. 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. An opportunity for landowners: establishing credits on your land Establishing native vegetation credits Landowners can establish native vegetation credits by: •Improving the management of an existing patch of bush or scattered trees. This could include weed control, rabbit destruction and stock removal; •Revegetating previously cleared land using native plants indigenous to the area; and/or •Protecting old trees. Funding native vegetation credits Landowners will have a number of options available to assist them to establish native vegetation credits, including: •Credit auctions, similar to BushTender, where landowners nominate a price for the establishment of credits. Credits are subsequently sold to permit applicants; •A permit applicant funding the landowner as part of a negotiated third party offset arrangement. The permit applicant owns the resulting credit; and •The landowner funds the native vegetation improvement and owns the resulting credit. Surrender of land The Government has established and operates BushBroker. This involves overseeing the registration, listing, extinguishing, and quality control of native vegetation credits. The buying and selling of native vegetation credits, including matching credits to specific requirements such as offsetting, is undertaken by the owners and buyers of credits or their agents. The registration of native vegetation credits is subject to specific conditions including a secure and on-going agreement between the landowner and the Department of Sustainability and Environment (DSE). Agreements to establish native vegetation credits require a management plan outlining the actions for the establishment and the ongoing maintenance of the native vegetation credits. The agreements will be registered on land titles by DSE. Expressions of interest The Department of Sustainability and Environment is seeking expressions of interest from landowners interested in establishing native vegetation credits on their land. The Expression of Interest (EOI) register records basic information about the site including area, vegetation type and bioregion. In some cases, the Department of Sustainability and Environment will carry out a site assessment and this information will also be available on the Expressions of Interest register. An Expression of Interest does not obligate the landowner to proceed further with the process. An Expression of Interest can be lodged at any time. The Department of Sustainability and Environment may provide landowners who have expressed an interest with information regarding incentive programs for protecting and enhancing native vegetation that are operating in the area. If a landowner already has a fixed-term agreement with a public agency for the development of a native vegetation gain through an incentive program, the landowner may choose to enter into a permanent agreement to create a native vegetation credit, when the initial agreement expires. Expression of Interest Landowners can lodge an expression of interest on the attached form. A confirmation of receipt will be sent as well as further information about BushBroker. The expression of interest does not commit the landowner to proceed with any agreement to establish native vegetation credits. Location Name Property address Mr/Mrs/Ms Developers interested in the availability of native vegetation credits should contact the Department of Sustainabilty and Environment on 136 186. Postcode Company name VicRoads reference Enquiry forms for developers are available at www.dse.vic.gov.au/nativevegetation Postal address Lot/Plan or Volume/Folio number Postcode Please indicate the location of the potential site(s) below in relation to nearby roads, streams and townships. Where possible also indicate approximate distances from these features. Phone Mobile Site map Fax N È Email Please complete the following: I am interested in managing existing native vegetation on my property to create native vegetation credits. Native vegetation credits are listed through BushBroker on a statewide database. Potential buyers of credits are able to search the database for credits that match the characteristics they require. A credit can only be used as an offset once. Estimated area: hectares And/or I am interested in revegetating cleared land using indigenous native plants to create native vegetation credits. Estimated area: hectares And/or I am interested in protecting scattered paddock trees. Information Paper A more detailed Information Paper on BushBroker can be obtained by calling 136 186 or visiting www.dse.vic.gov.au/ nativevegetation Estimated number: trees And/or I am interested in surrendering land to the Crown. Estimated area: Privacy Statement A series of Information Sheets is also available at www.dse.vic.gov.au/ nativevegetation Landowners can improve biodiversity on their property as well as generate a new income stream. # Native vegetation credits can also be established through the DSEapproved transfer of freehold land to the Crown for reservation for conservation purposes. How does BushBroker work? Please detach A native vegetation credit is a gain in the quality or extent of native vegetation that is subject to a secure and ongoing agreement. Landowners will be able to establish native vegetation credits on their land and list these credits on the BushBroker register. The credits can be bought by another party and subsequently used as an offset for the approved clearing of native vegetation. This is an opportunity for landowners to improve biodiversity on their property as well as generate a new income stream. hectares The Department of Sustainability and Environment (DSE) is committed to protecting information provided in accordance with the principles of the Information Privacy Act 2000. Information contained in your correspondence or any other response to this matter, will be stored and used by DSE for the purpose of providing native vegetation credit services and supplying related information that may be of interest to you. This information may be disclosed to persons seeking native vegetation credits. If you wish to access information about you held by DSE, please contact the Privacy Manager, PO Box 500, East Melbourne 3002. Please return to: BushBroker Expression of Interest Department of Sustainability and Environment PO Box 500, EAST MELBOURNE VIC 8002 Or fax to: 03 9637 8451 Or email to: the.bushbroker@dse.vic.gov.au BushBroker® BushBroker® Trading native vegetation credits Trading native vegetation credits 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 registration and trading system, will facilitate the new approach. In most cases the clearing of 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. 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. An opportunity for landowners: establishing credits on your land Establishing native vegetation credits Landowners can establish native vegetation credits by: •Improving the management of an existing patch of bush or scattered trees. This could include weed control, rabbit destruction and stock removal; •Revegetating previously cleared land using native plants indigenous to the area; and/or •Protecting old trees. Funding native vegetation credits Landowners will have a number of options available to assist them to establish native vegetation credits, including: •Credit auctions, similar to BushTender, where landowners nominate a price for the establishment of credits. Credits are subsequently sold to permit applicants; •A permit applicant funding the landowner as part of a negotiated third party offset arrangement. The permit applicant owns the resulting credit; and •The landowner funds the native vegetation improvement and owns the resulting credit. Surrender of land The Government has established and operates BushBroker. This involves overseeing the registration, listing, extinguishing, and quality control of native vegetation credits. The buying and selling of native vegetation credits, including matching credits to specific requirements such as offsetting, is undertaken by the owners and buyers of credits or their agents. The registration of native vegetation credits is subject to specific conditions including a secure and on-going agreement between the landowner and the Department of Sustainability and Environment (DSE). Agreements to establish native vegetation credits require a management plan outlining the actions for the establishment and the ongoing maintenance of the native vegetation credits. The agreements will be registered on land titles by DSE. Expressions of interest The Department of Sustainability and Environment is seeking expressions of interest from landowners interested in establishing native vegetation credits on their land. The Expression of Interest (EOI) register records basic information about the site including area, vegetation type and bioregion. In some cases, the Department of Sustainability and Environment will carry out a site assessment and this information will also be available on the Expressions of Interest register. An Expression of Interest does not obligate the landowner to proceed further with the process. An Expression of Interest can be lodged at any time. The Department of Sustainability and Environment may provide landowners who have expressed an interest with information regarding incentive programs for protecting and enhancing native vegetation that are operating in the area. If a landowner already has a fixed-term agreement with a public agency for the development of a native vegetation gain through an incentive program, the landowner may choose to enter into a permanent agreement to create a native vegetation credit, when the initial agreement expires. Expression of Interest Landowners can lodge an expression of interest on the attached form. A confirmation of receipt will be sent as well as further information about BushBroker. The expression of interest does not commit the landowner to proceed with any agreement to establish native vegetation credits. Location Name Property address Mr/Mrs/Ms Developers interested in the availability of native vegetation credits should contact the Department of Sustainabilty and Environment on 136 186. Postcode Company name VicRoads reference Enquiry forms for developers are available at www.dse.vic.gov.au/nativevegetation Postal address Lot/Plan or Volume/Folio number Postcode Please indicate the location of the potential site(s) below in relation to nearby roads, streams and townships. Where possible also indicate approximate distances from these features. Phone Mobile Site map Fax N È Email Please complete the following: I am interested in managing existing native vegetation on my property to create native vegetation credits. Native vegetation credits are listed through BushBroker on a statewide database. Potential buyers of credits are able to search the database for credits that match the characteristics they require. A credit can only be used as an offset once. Estimated area: hectares And/or I am interested in revegetating cleared land using indigenous native plants to create native vegetation credits. Estimated area: hectares And/or I am interested in protecting scattered paddock trees. Information Paper A more detailed Information Paper on BushBroker can be obtained by calling 136 186 or visiting www.dse.vic.gov.au/ nativevegetation Estimated number: trees And/or I am interested in surrendering land to the Crown. Estimated area: Privacy Statement A series of Information Sheets is also available at www.dse.vic.gov.au/ nativevegetation Landowners can improve biodiversity on their property as well as generate a new income stream. # Native vegetation credits can also be established through the DSEapproved transfer of freehold land to the Crown for reservation for conservation purposes. How does BushBroker work? Please detach A native vegetation credit is a gain in the quality or extent of native vegetation that is subject to a secure and ongoing agreement. Landowners will be able to establish native vegetation credits on their land and list these credits on the BushBroker register. The credits can be bought by another party and subsequently used as an offset for the approved clearing of native vegetation. This is an opportunity for landowners to improve biodiversity on their property as well as generate a new income stream. hectares The Department of Sustainability and Environment (DSE) is committed to protecting information provided in accordance with the principles of the Information Privacy Act 2000. Information contained in your correspondence or any other response to this matter, will be stored and used by DSE for the purpose of providing native vegetation credit services and supplying related information that may be of interest to you. This information may be disclosed to persons seeking native vegetation credits. If you wish to access information about you held by DSE, please contact the Privacy Manager, PO Box 500, East Melbourne 3002. Please return to: BushBroker Expression of Interest Department of Sustainability and Environment PO Box 500, EAST MELBOURNE VIC 8002 Or fax to: 03 9637 8451 Or email to: the.bushbroker@dse.vic.gov.au BushBroker® BushBroker® Trading native vegetation credits Trading native vegetation credits 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 registration and trading system, will facilitate the new approach. In most cases the clearing of 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. 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. An opportunity for landowners: establishing credits on your land Establishing native vegetation credits Landowners can establish native vegetation credits by: •Improving the management of an existing patch of bush or scattered trees. This could include weed control, rabbit destruction and stock removal; •Revegetating previously cleared land using native plants indigenous to the area; and/or •Protecting old trees. Funding native vegetation credits Landowners will have a number of options available to assist them to establish native vegetation credits, including: •Credit auctions, similar to BushTender, where landowners nominate a price for the establishment of credits. Credits are subsequently sold to permit applicants; •A permit applicant funding the landowner as part of a negotiated third party offset arrangement. The permit applicant owns the resulting credit; and •The landowner funds the native vegetation improvement and owns the resulting credit. Surrender of land The Government has established and operates BushBroker. This involves overseeing the registration, listing, extinguishing, and quality control of native vegetation credits. The buying and selling of native vegetation credits, including matching credits to specific requirements such as offsetting, is undertaken by the owners and buyers of credits or their agents. The registration of native vegetation credits is subject to specific conditions including a secure and on-going agreement between the landowner and the Department of Sustainability and Environment (DSE). Agreements to establish native vegetation credits require a management plan outlining the actions for the establishment and the ongoing maintenance of the native vegetation credits. The agreements will be registered on land titles by DSE. Expressions of interest The Department of Sustainability and Environment is seeking expressions of interest from landowners interested in establishing native vegetation credits on their land. The Expression of Interest (EOI) register records basic information about the site including area, vegetation type and bioregion. In some cases, the Department of Sustainability and Environment will carry out a site assessment and this information will also be available on the Expressions of Interest register. An Expression of Interest does not obligate the landowner to proceed further with the process. An Expression of Interest can be lodged at any time. The Department of Sustainability and Environment may provide landowners who have expressed an interest with information regarding incentive programs for protecting and enhancing native vegetation that are operating in the area. If a landowner already has a fixed-term agreement with a public agency for the development of a native vegetation gain through an incentive program, the landowner may choose to enter into a permanent agreement to create a native vegetation credit, when the initial agreement expires. Expression of Interest Landowners can lodge an expression of interest on the attached form. A confirmation of receipt will be sent as well as further information about BushBroker. The expression of interest does not commit the landowner to proceed with any agreement to establish native vegetation credits. Location Name Property address Mr/Mrs/Ms Developers interested in the availability of native vegetation credits should contact the Department of Sustainabilty and Environment on 136 186. Postcode Company name VicRoads reference Enquiry forms for developers are available at www.dse.vic.gov.au/nativevegetation Postal address Lot/Plan or Volume/Folio number Postcode Please indicate the location of the potential site(s) below in relation to nearby roads, streams and townships. Where possible also indicate approximate distances from these features. Phone Mobile Site map Fax N È Email Please complete the following: I am interested in managing existing native vegetation on my property to create native vegetation credits. Native vegetation credits are listed through BushBroker on a statewide database. Potential buyers of credits are able to search the database for credits that match the characteristics they require. A credit can only be used as an offset once. Estimated area: hectares And/or I am interested in revegetating cleared land using indigenous native plants to create native vegetation credits. Estimated area: hectares And/or I am interested in protecting scattered paddock trees. Information Paper A more detailed Information Paper on BushBroker can be obtained by calling 136 186 or visiting www.dse.vic.gov.au/ nativevegetation Estimated number: trees And/or I am interested in surrendering land to the Crown. Estimated area: Privacy Statement A series of Information Sheets is also available at www.dse.vic.gov.au/ nativevegetation Landowners can improve biodiversity on their property as well as generate a new income stream. # Native vegetation credits can also be established through the DSEapproved transfer of freehold land to the Crown for reservation for conservation purposes. How does BushBroker work? Please detach A native vegetation credit is a gain in the quality or extent of native vegetation that is subject to a secure and ongoing agreement. Landowners will be able to establish native vegetation credits on their land and list these credits on the BushBroker register. The credits can be bought by another party and subsequently used as an offset for the approved clearing of native vegetation. This is an opportunity for landowners to improve biodiversity on their property as well as generate a new income stream. hectares The Department of Sustainability and Environment (DSE) is committed to protecting information provided in accordance with the principles of the Information Privacy Act 2000. Information contained in your correspondence or any other response to this matter, will be stored and used by DSE for the purpose of providing native vegetation credit services and supplying related information that may be of interest to you. This information may be disclosed to persons seeking native vegetation credits. If you wish to access information about you held by DSE, please contact the Privacy Manager, PO Box 500, East Melbourne 3002. Please return to: BushBroker Expression of Interest Department of Sustainability and Environment PO Box 500, EAST MELBOURNE VIC 8002 Or fax to: 03 9637 8451 Or email to: the.bushbroker@dse.vic.gov.au 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. Further information BushBroker ® BushBroker® is a registered trademark of the State of Victoria (Department of Sustainability and Environment) Published by the Victorian Government Department of Sustainability and Environment Melbourne, March 2008 © The State of Victoria Department of Sustainability and Environment 2008 This publication is copyright. No part may be reproduced by any process except in accordance with the provisions of the Copyright Act 1968. Authorised by the Victorian Government, 8 Nicholson Street, East Melbourne. Printed by Stream Solutions Printed on 100% Recycled paper ISBN 978-1-74208-008-6 (Print) ISBN 978-1-74208-009-3 (Online) For more information contact the DSE Customer Service Centre 136 186 Disclaimer This publication may be of assistance to you but the State of Victoria and its employees do not guarantee that the publication is without flaw of any kind or is wholly appropriate for your particular purposes and therefore disclaims all liability for any error, loss or other consequence which may arise from you relying on any information in this publication. www.dse.vic.gov.au Trading native vegetation credits 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. Further information BushBroker ® BushBroker® is a registered trademark of the State of Victoria (Department of Sustainability and Environment) Published by the Victorian Government Department of Sustainability and Environment Melbourne, March 2008 © The State of Victoria Department of Sustainability and Environment 2008 This publication is copyright. No part may be reproduced by any process except in accordance with the provisions of the Copyright Act 1968. Authorised by the Victorian Government, 8 Nicholson Street, East Melbourne. Printed by Stream Solutions Printed on 100% Recycled paper ISBN 978-1-74208-008-6 (Print) ISBN 978-1-74208-009-3 (Online) For more information contact the DSE Customer Service Centre 136 186 Disclaimer This publication may be of assistance to you but the State of Victoria and its employees do not guarantee that the publication is without flaw of any kind or is wholly appropriate for your particular purposes and therefore disclaims all liability for any error, loss or other consequence which may arise from you relying on any information in this publication. www.dse.vic.gov.au Trading native vegetation credits