Information will be updated as the Board of the Trust develops
its approach, strategy and Business Plan due in early 2018,
which will be based on the requirements of the legislation
and guided by the Biodiversity Conservation Investment Strategy.
The Trust will initially continue the private land conservation functions
of the Office of Environment and Heritage
and the Nature Conservation Trust.
The NSW Biodiversity Conservation Trust has a role
to seek strategic biodiversity offsets where developers pay the Trust
to meet their biodiversity offset obligations.
The NSW Biodiversity Conservation Trust will invest
$240 million over five years to support working
with landholders, farmers and other organisations
that wish to participate in private land conservation.
The NSW Biodiversity Conservation Trust was established
with the commencement of the Biodiversity Conservation Act 2016.
Under the Act the Trust will support and encourage landholders
to enter into agreements to protect biodiversity on private land.