Report on acquitted obligations

The BCT’s Biodiversity Offsets Program is responsible for securing biodiversity offsets on behalf of development proponents who opt to pay into the Biodiversity Conservation Fund (BCF) to meet NSW state and Commonwealth offset obligations of their development approval. If developers choose to pay into the BCF, the obligation to procure the biodiversity credits transfers to the BCT. 

The 'Report on acquitted obligations' is currently unavailable while the BCT's obligation information is being quality assured. The BCT will continue to report on the funding received and spent from the BCF and the number of credits received and secured through purchases. This information is available on the Biodiversity Offsets Program Outcomes webpage.

The BCT is developing a new public report showing all offset obligations received and our progress in securing offsets to satisfy those obligations. The new report is expected to be available later in 2024.