To compensate the residual impacts of development projects planned according to the Mitigation Hierarchy, biodiversity offsets have been increasingly used. However, they have widely recognized shortfalls; one of the most common is the time-lag between immediate impact and future delivery of offset benefits. Companies committed to offsetting their impacts either buy private land to restore or protect existing vegetation, contribute to the conservation of public protected areas, or acquire biodiversity credits from so-called “conservation bankings”. Here, we conceptually explore a different avenue for offsetting in the Brazilian Amazonia through conservation banking, considering the social-environmental context of the region. The goal is to approach a realistic measure to be implemented in the world’s largest forest. For this, we accounted for its intrinsic and interconnected characteristics, getting together historical and present features of the region to analyze them qualitatively and in parallel. As results, we came to the suggestion to drop the market-feature of conservation bankings, so that credits would be generated and used by the own developer who offsets. Also, it should be focused on restoration efforts, which should preferably be done by leveraging existing restoration initiatives in the region to be turned into conservation banking for future impacts. Local communities and traditional populations would then be included, opposed to a common credit market, which would likely exclude these people. This approach should enhance offset efficiency and partnerships across the Amazon, and potentialize restoration results and incorporation of social aspect.