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