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Image 1 for NSW Branch AGM and end-of-year seminar and drinks: Biodiversity Offsetting

NSW Branch AGM and end-of-year seminar and drinks: Biodiversity Offsetting

Date

8 December 2022

Time

AGM 4:30-5:30; Seminar 5:30-6:30; Drinks 6:30-7:30

Venue

Corinthian Room of the Sydney Masonic Centre at 66 Goulburn Street, Sydney NSW 2000

Speakers

Jeff Bennett (pictured top right) is Emeritus Professor at the Australian National University’s Crawford School. His background is in agricultural economics and environmental cost-benefit analysis. He is also interested in the engagement of the private sector in environmental conservation.

Nick Hanley holds a Chair in Environmental and One Health Economics at the University of Glasgow and alongside his main focus of environmental economics, has an extensive range of research interests, including conservation and measures of sustainability.

Alexander Cox is a PhD Candidate at the Australian National University’s Crawford School. His current PhD research is centred around studying how biodiversity values are measured and incorporated into market-based conservation policies in Australia.

To see the full detail for our event, download the flyer, by clicking on the black button below on the right.

Price

Ordinary Member Cost: $0.00
Student Member Cost: $0.00
Emeritus Member Cost: $0.00
Non Members Cost: $0.00


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Description

Biodiversity Offsetting: the state of play

Biodiversity offsetting—typically in the context of an offsets market—is regarded as a useful approach to arresting biodiversity decline. But setting up effective biodiversity offset markets is a challenging task for governments, not least balancing the ecological imperative of offsetting with the transactions costs, information asymmetries and assurance requirements that can impede the functioning of environmental markets. The NSW Biodiversity Offsets Scheme, in particular, has been the subject of scrutiny both from the NSW Audit Office and the NSW Parliament.

Three speakers on our panel will discuss issues in biodiversity offsetting, with an open discussion to follow.


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