NESP TWQ Project 3.12 - Development of an offset financial contribution calculator for Reef Trust, 2015-2016 (UQ)
This project will progress an approach for incorporating environmental offsets into the Reef Trust through development of a prototype calculator to assist potential approval holders and relevant agencies in determining appropriate financial payments as offsets under the Reef Trust. It will extend the methodology currently used to calculate terrestrial offsets to the marine setting. It will delineate clearly the differences in applying such a calculator to the marine–catchment continuum and terrestrial settings.