Breaking down biodiversity banking: part three

In this four-part series, Corrs' Environment and Planning team examines biodiversity banking across Australia, its role in environmental assessment processes at state and federal levels and the different transaction structures for buying and selling biodiversity credits.

In parts one and two, we explored biodiversity banking across Australia and the role of biodiversity banking in the environmental assessment process both at a State and Commonwealth level.

In this part, we explore the different transaction structures which may be adopted when buying and selling biodiversity credits.

Buying and selling biodiversity credits

Unlike real property transactions, there are no standard form contracts in the buying and selling of biodiversity credits.