September 16, 2022

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:

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

Read ALCA’s submission

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