Chair: Joanne Stuart, NSW Environment Protection Authority
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The Environmental Liabilities Community of Practice was re-established in 2019. The group seeks to share information on how environmental liabilities are currently managed across jurisdictions and, where possible, explore opportunities for inter-jurisdictional collaboration and national approaches to environmental liabilities. Discussions are largely focused on the use of financial assurances and environmental insurance to manage environmental liabilities.
The first meeting was held on 26 February 2019 and meetings are held every two months. All jurisdictions are represented, including non-EPA agencies (or their equivalents) such as the Queensland Treasury Corporation; the NSW Department of Planning, Industry and Environment; and the SA Department of Energy and Mining.
What are environmental liabilities?
Environmental liabilities are the real or potential costs and expenses related to damage or potential damage to the environment. They can be either known or unknown.