The Pilbara Environmental Offsets Fund (PEOF) was established as a strategic offsets fund to address the cumulative impacts of development on the Pilbara bioregion, in partnership with traditional owners, conservation agencies, industry and the government.
Stakeholders consulted were overwhelmingly supportive of the PEOF concept, provided frank feedback, and made improvement suggestions to help improve the impact of PEOF.
All stakeholders agreed that a strategic, collaborative approach was needed to offset the cumulative environmental impacts of industry in the Pilbara, however the way that PEOF has been designed and is being delivered has not enabled this.
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