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Introduction to the Nature Stewardship Credit

The Green Star Nature Stewardship Credit has been recently introduced by the Green Building Council of Australia to encourage developers aiming for a Green Star Rating on new and existing buildings to have a positive impact on biodiversity, both onsite and offsite. 

Featured in the Green Star Buildings and Performance tools, the credit has a clear set of guidelines detailing what is required to achieve two points towards your Green Star pathway.

1. Area of Restoration or Protection

Must be equivalent to the total GFA or site area, whichever is greater.

Purchase the number of one square metre Biological Diversity Units to match the required area. You can purchase BDU’s here. Current BDU pricing ranges from $3-$10 per BDU (ie per square metre).

2. Location of Restoration or Protection Activities

Must be equivalent to the total GFA or site area, whichever is greater.
Wilderlands projects are all located within Australia, the current project locations can be found here. The ecological value of each site is regularly assessed by our lead ecologist – see annual reports here.

3. Activities to Protect or Restore

Can be met by supporting an organisation that restores an area on the project owner’s behalf.
The restoration activities must be verified by an independent third party.


Wilderlands exists to fulfil your project requirements, with all protection activities verified by an independent third party.

4. Legislated Requirements.

Must be beyond legislated requirements such as Development Approval or EPBC Act requirements..
Wilderlands provide voluntary Biological Diversity Units only, avoiding any confusion with biodiversity offset requirements mandated as part of development approvals.

Note: Wilderlands Biological Diversity Units also fulfil the Living Building Challenge’s Habitat Exchange Imperative 03.


Some of the benefits of Wilderlands approach

With Wilderlands, your building project is set to make a meaningful positive impact on vulnerable Australian ecosystems.

You can access Biological Diversity Units (BDUs) that are not only competitively priced between $3 and $10 per square meter, but the price can be locked-in to give you peace of mind.

BDUs come with the advantage of having no design impact on your project, and they can be purchased down to the square metre, protecting the exact footprint of your project.

For your convenience, Wilderlands has packaged up all evidence documents in a ‘Nature Stewardship Credit Pack’, which can be turned around efficiently to meet your project requirements.

In addition, Wilderlands is ready to collaborate with you on developing long-term projects, tailored to meet your specific requirements. Whether it’s about proximity, ecosystem type, or budget, Wilderlands is equipped to greenlight new projects that align perfectly with your environmental goals.


What evidence is required by the GBCA for the Nature Stewardship Credit

Here’s a summary of the evidence requested by the GBCA for the Nature Stewardship Credit, and fulfilled by Wilderlands (click heading to view).

1. Offsite Restoration Management Plan

Wilderlands provide a Project Management Plan for the nominated protection site. This will include…

2.Evidence of site purchase

Wilderlands provide copies of contracts and On-title agreements for the protected site.

3.Evidence of formal partnership

Wilderlands provide Certificate of Biological Diversity Unit (BDU) retirement (produced by registrar) for the protected site.

4.Overview of restoration activities

Wilderlands provide Detailed Monitoring reports for the protected site.

5.Evidence of funding provisions

Wilderlands provide copies of statements with conservation partner for the protected site.

6.Evidence of project specific additionality

Wilderlands provide copies of underlying retirement on state based registers for the protected site.

7.Third-party verification

Wilderlands provide on-title agreements with DEECA/TFN/DEWR/BCT, etc. for the protected site.


Examples of Nature Stewardship Credit at work

Scenario 1. A NEW Innovation precinct in Sydney

A developer is constructing a high-rise innovation precinct in the Sydney CBD with a Gross Floor Area of 31,740sqm.

The Nature Stewardship Credit (38) is on the project’s 6 Star Green Star Buildings pathway, and has enabled the developer to acquire 2 of these points with the purchase of Wilderlands’ Biological Diversity Units, permanently protecting the equivalent footprint of the building’s GFA.

The developer has chosen to support the Alleena project in NSW’s Riverina, at $3 per square metre. The total cost to achieve the two Nature Stewardship Credits will be $95,220 (Gross Floor Area x cost of Wilderlands Biological Diversity Units for the Alleena project).


Scenario 2. Upgrading council buildings in Melbourne

A local council is seeking to enhance its current council building’s Green Star Rating from 4 Star to 6 Star. A feasibility study has identified onsite improvements would significantly enhance their rating, including updating lighting, implementing water-saving and waste reduction measures, and implementing green infrastructure.

A local council is seeking to enhance its current council building’s Green Star Rating from 4 Star to 6 Star. A feasibility study has identified onsite improvements would significantly enhance their rating, including updating lighting, implementing water-saving and waste reduction measures, and implementing green infrastructure.

Additionally, the council can gain two Nature Stewardship Credits by supporting an offsite project through Wilderlands, which would protect the equivalent of the site area of the council property, in this case 6,825sqm.

The council has chosen to protect the Wilderlands’ Budgerum project in Central Victoria at $4.40 per unit.


Connect with our team

Wilderlands welcomes the chance to connect and explore how we can support you and your team in understanding the Nature Stewardship Credit and how our Biological Diversity Credits can meet your requirements. 

Connect with our team today to learn more.


FAQ

Q. Can Wilderlands Biological Diversity Units be used as compliance offsets?    

No. Biological Diversity Units are voluntary biodiversity credits that cannot be used to offset compliance or regulatory requirements.

Q. Can I purchase any number of BDUs?

Yes. ‘Green Star’ customers can choose the exact number of BDUs they wish to buy from a variety of projects.

Q. What do I get when I purchase BDUs?

A ‘Green Star’ Biological Diversity Unit customer receives the full contingent of documentation required to claim the Nature Stewardship Credit (38), plus additional content, access to expert ecologists, access to the projects, and more.