ALCA submission on a national biodiversity market

ALCA submission welcomes a national biodiversity market that delivers high-quality, high-integrity, and positive outcomes for the environment, and outlines 12 principles for its design.
ALCA submission on a national biodiversity market

ALCA’s submission welcomes a national biodiversity market that delivers high-quality, high-integrity, and positive outcomes for the environment, and outlines 12 principles for its design:

  1. High-quality, high-integrity outcomes for the environment
  2. Directed towards nationally strategic biodiversity investments
  3. Clear positive outcomes for the environment
  4. Ensures a premium for in-perpetuity protection
  5. Prefer longer term environmental outcomes
  6. Enhance accountability and transparency
  7. Non-discriminatory market access
  8. Governance at arms-length from political intervention
  9. Direct Federal Government participation
  10. Reduce complexity without compromising on integrity
  11. Incorporate lessons from the carbon market review
  12. Hasten slowly

Read ALCA’s submission

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