This report is a visualisation platform that applies the United Nations System of Environmental-Economic Accounting concepts and accounting rules to report on the performance of the Biodiversity Banking and Offsets Scheme (the BioBanking Scheme) in the Hunter Functional Economic Region (FER). Through this platform, you can view accounts related to the Environmental Activity Accounts, which currently include information about ecosystem and species credit flows, stocks and market transactions. These biodiversity credits are created based on the BioBanking Assessment Methodology (BBAM), and all accounts contain data sourced from the BBAM Public Registers.
This platform was designed to answer key questions such as:
- What changes have occurred in the volume of biodiversity credits created under the BioBanking Scheme?
- What changes have occurred in the volume of biodiversity credits transferred, and what changes have occurred in the volume of credits retired?
- How has the biodiversity offsets market size changed since its establishment?
- How have the prices of these credits changed?