Landowners, conservation groups and farmers can register land with us to be eligible for conservation funding through biodiversity compensation by submitting an Expression of Interest to Environment Bank.
The map below shows the approximate locations of sites on the Registry – this allows developers and local authorities to search for land in the area that may be suitable for their biodiversity compensation requirements. Following review by Environment Bank and approval from the Local Authority, conservation credits can be purchased by developers looking to compensate for their environmental impact. Should there not be a site registered in your area, please contact us as we often have sites identified, which have not been fully registered or we can carry out a targeted search in your area.
Bronze, Silver and Gold receptor sites
If an Expression of Interest is lodged and the site appears suitable for biodiversity compensation, an Environment Bank member of staff will register it as a Bronze site in our database. To register as a Silver site, a more detailed form must be completed which will enable estimate credit calculations to be done. A Gold site is one where an ecologist has assessed the site and prepared a management plan and the landowner has provided costings – this will usually happen once there is active developer interest in the site.
The Environmental Markets Exchange
The EME is Environment Bank’s trading platform for conservation credits. While potential compensation receptor sites are listed on our Registry, the EME is where the credits from registered sites are bought and sold, and tracked. It is a regulated, secure system that ensures credits are created under legal land management agreements, sold via a trusted broker using credit purchase agreements, regulated and approved by planning authorities (if linked to a planning application), extinguished when used (prior to or at commencement of development) and closely tracked so that credits are only created, sold and extinguished once.
We are currently increasing the functionality of the EME so that in time it will deliver streamlined credit sales, and is easily updated as the market continues to develop and as other asset classes come on board, such as water quality, nutrients, woodland and peatland carbon.