Document ID: chunk:federal_register_of_legislation:F2025L00230:reg:18:p1
Version: federal_register_of_legislation:F2025L00230
Segment Type: reg
Provision Reference: reg 18 (pt 1/3)
Character Range: 65434–68493

18  Measuring and assessing biodiversity outcomes
Specifying period within which biodiversity outcome intended to be achieved
 (1) A methodology determination must either:
 (a) specify the period within which the biodiversity outcome for all biodiversity projects covered by the methodology determination is intended to be achieved; or
 (b) specify the processes or requirements with which a project proponent of a biodiversity project covered by the methodology determination must comply when specifying the period within which the biodiversity outcome for the project is intended to be achieved.
Requirements relating to project plans
 (2) 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, based on evidence, how the project proponent intends to achieve the biodiversity outcome for the project.
Requirements relating to indicators
 (3) A methodology determination must either:
 (a) specify a threshold value for each indicator for a variable biodiversity project characteristic for a project covered by the methodology determination (other than a culturally significant entity that is relevant to the project); or
 (b) specify processes or requirements with which the project proponent of a project covered by the methodology determination must comply when determining the threshold value for each indicator for a variable biodiversity project characteristic for the project (other than a culturally significant entity that is relevant to the project), 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; and
 (iv) if a counterfactual scenario is not a static counterfactual scenario—how the counterfactual scenario should be taken into account.
 (4) A methodology determination must specify processes or requirements with which the project proponent of a project covered by the methodology determination must comply when determining the threshold value for each indicator for a culturally significant entity that is relevant to the project.
Requirements relating to Register entries
 (5) A methodology determination must require that the following information must be included in the entry in the Register for a registered biodiversity project covered by the methodology determination:
 (a) the biodiversity outcome to be achieved by the project;
 (b) the period within which the biodiversity outcome is intended to be achieved;
 (c) the threshold value for each indicator for each variable biodiversity project characteristic for the project (other than a culturally significant entity that is relevant to the project);
 (d) if the threshold value for an indicator (other than an indicator for a culturally significant entity that is relevant to the project) has been met:
 (i) a statement to that effect; and
 (ii) evidence supporting that statement;
 (e) if a