The ''Native Vegetation Management: A Framework for action 2002'' is a
Victorian
Victorian or Victorians may refer to:
19th century
* Victorian era, British history during Queen Victoria's 19th-century reign
** Victorian architecture
** Victorian house
** Victorian decorative arts
** Victorian fashion
** Victorian literature ...
strategy which aims to protect, enhance and revegetate Victoria's
native vegetation
In biogeography, a native species is indigenous to a given region or ecosystem if its presence in that region is the result of only local natural evolution (though often popularised as "with no human intervention") during history. The term is equ ...
. The Framework's main goal is to "achieve a reversal, across the entire landscape of the long-term decline in the extent and quality of native vegetation, leading to a net gain.
The framework is notable for the inclusion of offsets, which allow authorised
Land clearing in Australia, land clearing, providing there is a net gain in
biodiversity
Biodiversity or biological diversity is the variety and variability of life on Earth. Biodiversity is a measure of variation at the genetic ('' genetic variability''), species ('' species diversity''), and ecosystem ('' ecosystem diversity' ...
, and for the fact that a monetary value is being placed on biodiversity. The "habitat hectare" has been defined as the trading currency of the framework, and provides a reliable and repeatable measurement of the quality of the native vegetation when correctly administered by an experienced assessor
The trading in "habitat hectares" is a form of
biodiversity banking, which occurs in the private market responding to the
supply and demand
In microeconomics, supply and demand is an economic model of price determination in a market. It postulates that, holding all else equal, in a competitive market, the unit price for a particular good, or other traded item such as labo ...
of the available remnant vegetation.
The act is administered by the Victorian
Department of Sustainability and Environment
The Department of Sustainability and Environment (DSE) was a state government department that managed water resources, climate change, bushfires, public land, forests and eco systems in the state of Victoria, Australia. It was created in 2002 w ...
(DSE).
See also
*
Conservation in Australia
Conservation in Australia is an issue of state and federal policy. Australia is one of the most biologically diverse countries in the world, with a large portion of species endemic to Australia. Preserving this wealth of biodiversity is importa ...
*
Environmental issues in Australia
Environmental issue in Australia describes a number of environmental issues which affect the environment of Australia. There are a range of such issues, some of the relating to conservation in Australia while others, for example the deteriora ...
*
Economics of biodiversity
External links
Department of Sustainability and Environment
Nature conservation in Australia
Biodiversity
Environment of Victoria (Australia)
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