A benchmark of 120% has been set, as this is considered to be achievable over the next 20 years and will be able to be demonstrated as a biodiversity gain. Under conditions specified in the Snowy 2.0 approvals, Snowy Hydro Limited must pay up to $92.9 million in biodiversity offsets to the National Parks and Wildlife Service by 2024.
Kosciuszko Offset Strategy
The Kosciuszko Offset Strategy is the biodiversity strategy for the Kosciuszko Offset Project and sets a framework to deliver a biodiversity gain in Kosciuszko National Park equivalent to 120% of the biodiversity loss identified in the Snowy 2.0 environmental assessments.
- Date
- 22 June 2023
- Publisher
- Department of Planning and Environment
- Type
- Publication, Strategy
- Cost
- Free
- Language
- English
- Tags
- ISBN 978-1-923076-18-1
- ID EHG20230221
- File PDF 492KB
- Pages 18
- Name kosciuszko-offset-strategy-june-2023-230221.pdf