This reverse auction is seeking biodiversity in the Central West Orana Renewable Energy Zone or within 50km of its boundaries.

Project goals

The NSW Department of Climate Change, Energy, the Environment and Water (the department) established the Biodiversity Credits Supply Fund (the Supply Fund) to accelerate the supply of biodiversity credits available to meet demand from major projects and infrastructure development. The Supply Fund is operated by the Planning, Offsets and Threatened Species and Ecosystems (formerly the Credits Supply Taskforce) as part of the department. Through the Supply Fund, Planning, Offsets and Threatened Species and Ecosystems is conducting a reverse auction to purchase credits through a competitive process.

Credits purchased through the Supply Fund will be re-sold to public or private proponents to meet their offset obligations or to other credit buyers seeking to buy credits for philanthropic or strategic purposes. Proceeds from the sale of the credits will be re-invested in the purchase of more credits to provide long-term investment in biodiversity and credit supply.

Scope

This reverse auction is seeking biodiversity in the Central West Orana Renewable Energy Zone or within 50km of its boundaries.

Related files

No files attached

Additional details/instructions

Bids must be submitted to SFBids@environment.nsw.gov.au. Bids submitted in any other way may not be accepted.

Requirements

Mandatory requirements

There are no mandatory requirements for this opportunity.

Opportunity requirements

1. Conditions for Participation

To view the conditions of participation, please email supplyfund@environment.nsw.gov.au and request a copy of the Participant’s Guide and Bid Form.

Response type

Checkbox (Custom, Multi select)

- I understand that bids must be submitted to SFBids@environment.nsw.gov.au