Biodiversity Offset

Biodiversity offset refers to a conservation strategy used when development projects, like building or mining, impact local ecosystems and wildlife. The idea is to compensate for any environmental damage by enhancing or restoring nature elsewhere. For example, if a project destroys a habitat, the developers might fund the protection or restoration of a different habitat to ensure that overall biodiversity remains balanced. This approach seeks to ensure that the benefits of development do not come at the expense of the natural environment, promoting a sustainable coexistence between human activities and wildlife.