Landholders in the SA Arid Lands and Northern and Yorke regions will have access to funding to manage and protect areas of native vegetation on their land in response to regional development.
The backing is through the Native Vegetation Council’s new Biodiversity Credit Exchange.
Under the program, landholders will be paid to establish and manage designated sites to generate biodiversity ‘credits’.
These credits will be sold at cost to buyers that are required to offset vegetation clearances in the same region.
Presiding Member of the Native Vegetation Council Emily Jenke says the program is a great way for landholders to benefit from the development happening in their region.
Applicants can view the eligibility criteria and submit expressions of interest at www.environment.sa.gov.au/bce or contact DEWs Native Vegetation Branch on (08) 8463 4821 for more information.