Australia’s No Net Loss policy

Australia’s No Net Loss policy aims to balance development and environmental conservation by ensuring that any environmental damage caused by projects—such as mining, construction, or infrastructure—must be offset by restoring or protecting equivalent natural areas elsewhere. The goal is to prevent a decline in Australia's biodiversity and ecological health, maintaining the overall quality of the environment. This approach encourages sustainable development practices where, ultimately, the total amount of healthy, functioning ecosystems remains stable or improves over time.