Native Vegetation - Incentives and Trading
Native Vegetation Home | Incentives for managing native vegetation | State Government programs
Incentives and trading for managing native vegetation
There are a number of incentive schemes that provide landholders financial benefits for protecting and managing native vegetation.
Some local governments provide rebates or exemptions on council rates to landholders entering approved agreements such as Conservation Covenants.Catchment Management Authorities also have programs to support landholders.
There are also a number of National Programs available. In some cases, tax concessions may be available to landholders entering into a Conservation Covenant. Substantial tax incentives may apply to donors of land for conservation purposes. For information on these issues contact the Commonwealth Department of Environment and Heritage, the Victorian Trust for Nature and/or the Australian Taxation Office.
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State Government Programs
Incentives | Trading
Incentives
BushTender
BushTender is auction-based. Landholders tender for contracts to improve their native vegetation. Successful landholders receive periodic payments under signed agreements for management actions above those required by their current obligations and legislation.
CarbonTender
CarbonTender is part of the State Government's Victorian Greenhouse Strategy. It pays landholders to create 'carbon sinks' of native vegetation, that absorb carbon dioxide, restore local ecosystems and help them adapt to climate change. It offers landholders two potential income streams:
1. establishment payments from State Government for five years; and
2. future income opportunities from carbon trading - already a reality in international markets.
EcoTender
The EcoTender project uses an auction-based system to allocate funds to support delivery of multiple environmental benefits including improvements in biodiversity, water quality and addressing salinity. Landholders submit bids based on an agreed plan. Successful landholders receive periodic payments under agreements signed with DSE.
Trading
BushBroker
BushBroker is a native vegetation credit registration and trading system. It makes it easier for developers to obtain offset areas and willing landholders to be paid to provide the offsets. |
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