Document ID: chunk:federal_register_of_legislation:F2025L00230:reg:9:p1
Version: federal_register_of_legislation:F2025L00230
Segment Type: reg
Provision Reference: reg 9 (pt 1/2)
Character Range: 13793–17203

9  Measuring change in biodiversity—specifying or establishing counterfactual scenarios
Registration requirements if methodology determination specifies counterfactual scenarios
 (1) If:
 (a) a methodology determination specifies counterfactual scenarios for biodiversity projects covered by the methodology determination; and
 (b) the specified counterfactual scenarios are not static counterfactual scenarios;
  the methodology determination must contain a condition that a biodiversity project proposed to be covered by the methodology determination must not be registered unless the project proponent for the project has demonstrated that they have assessed the forecast change in the variable biodiversity project characteristics of the project against the specified counterfactual scenarios.
Registration requirements if methodology determination does not specify counterfactual scenarios—establishing counterfactual scenarios in accordance with determination
 (2) If a methodology determination does not specify counterfactual scenarios for biodiversity projects covered by the methodology determination, the methodology determination must:
 (a) contain a condition that a biodiversity project proposed to be covered by the methodology determination must not be registered unless the project proponent for the project has demonstrated that they have met the requirements of the methodology determination for establishing counterfactual scenarios; and
 (b) specify any processes that must be undertaken, or requirements that must be met, to establish counterfactual scenarios for a biodiversity project proposed to be covered by the methodology determination, including:
 (i) any assumptions that must be used; and
 (ii) any limitations or other parameters that must apply; and
 (iii) any evidence that must be provided to support the establishment of the counterfactual scenarios; and
 (iv) whether counterfactual scenarios are required for the variable biodiversity project characteristics for the project or for the indicators of those characteristics, or for both; and
 (c) contain a condition that a biodiversity project that establishes counterfactual scenarios that are not static counterfactual scenarios and that is proposed to be covered by the methodology determination must not be registered unless the project proponent for the project has demonstrated that they have assessed the forecast change in the variable biodiversity project characteristics of the project against the counterfactual scenarios.
Requirements relating to assessing variable biodiversity project characteristic changes—project plans
 (3) If a methodology determination requires that there must be a project plan for a registered biodiversity project that is covered by the methodology determination, the methodology determination must require the project plan to address how the project proponent intends to assess the change in the variable biodiversity project characteristics for the project against the counterfactual scenarios for the project, where the counterfactual scenarios are not static.
Requirements relating to assessing variable biodiversity project characteristic changes—biodiversity certificates
 (4) A methodology determination must contain a condition that a biodiversity certificate must not be issued in respect of a registered biodiversity project that is covered by the methodology determination