The Environment Is Now The Main Agenda Item

Without an environment we have nothing. Yet the escalation in news stories about biodiversity loss, impacts of climate change now happening at pace, a food system that is not fit for purpose (not least because of the massive externality costs in its production), obesity and neurological illness epidemics linked to environmental issues, and a constantly growing human population, must surely mean that we need to take…

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Response to the Natural Capital Committee Comments on Net Gain

Whilst the advice on environmental net gain recently given to Government by the Natural Capital Committee (NCC) has some welcome recommendations that Environment Bank agree with, some of the reporting of its recommendations have been confused. We are very much of the view, based on our extensive experience of establishing biodiversity net gain sites as compensation for development, that a centrally located tariff based system for…

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Learning How to Establish a Functioning Biodiversity Offset Market From Tradable Pollution Permit Markets

With biodiversity net gain being mandated there will need to be an effective market established for biodiversity offset sites (habitat banks) that can satisfy the demand for conservation credits from ongoing and future development. It is welcome to, therefore, see a paper published in the Journal of Applied Ecology (Needham et al in press) that has reviewed how the market for tradable pollution permits operates and…

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Standards for Biodiversity Offsetting Need to be Established as we Deliver Net Gain From Development

We have been modeling the relative costs of delivering biodiversity net gain (BNG) either onsite, ie within the development site boundary, or offsite through habitat banks, the latter conforming to biodiversity offsetting. It becomes blatantly obvious through this analysis that the vast majority of biodiversity net gain will have to be delivered offsite by providers (landowners, farmers, conservation bodies) if the mechanism is to be economically…

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Biodiversity Net Gain finally to be mandated as a requirement of the planning system

  The Environment Bank was established by David Hill in 2006 to lobby for a better way of delivering mitigation and compensation for development impacts on biodiversity. We have been promoting mitigation banking/habitat banking, biodiversity offsetting and gains to biodiversity through development for the past 12 years. We are proud that our work has now paid off and we can enjoy much greater and more effective…

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The Restoration Economy: New Financial Models For The Countryside

  When it comes to biodiversity the UK is one of the most impoverished places on Earth. To restore it, we need new financial models for the countryside” wrote Environment Bank Chairman David Hill in an article published in the Royal Institue of Chartered Surveyors (RICS) Journal this week. The article, which is in a journal targetted at members of the world’s leading professional body for…

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Revitalising agriculture through a restoration economy

    “We have an opportunity to create a Restoration Economy to deliver UK Government’s ambitions for 500,000-hectare ‘Nature Recovery Network’. This could be achieved in 5 or 6 years with the added bonus of delivering economic benefits to a new set of skilled labour in the rural environment” Environment Bank Chairman David Hill and former farm manager Chris Clark wrote in a piece for the Revitalization Journal…

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Raising Investment For Habitat Banks

    Last week our Chairman David Hill gave a webinar for the Natural Capital Investment Forum on the subject of ‘Building the foundations of a restoration economy - raising investment for habitat banks’. David covered a wide range of topics regarding habitat banks including; the benefits, opportunities and barriers for initial setup and potential investment vehicles going forward. The webinar can be viewed in full…

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Land sparing on farms could revitalise UK biodiversity

  Agricultural land released from food production through yield increases can contribute to targets to increase biodiversity according to a new study published in Nature. Increased yield production, demand reduction practices and more traditional, sustainable, low-intensity farming play an important role within the agricultural sector of the restoration economy, by improving the environmental performance of farming and increasing areas of ecological value alongside the support of…

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Environment Bank welcomes wealth of new experience to the team for 2019

  The Environment Bank is excited to announce the addition of new team members to help with the continued successful growth of the business in 2019. James Cross, joins to work with planning authorities and developers on the concepts of habitat banking for off-site biodiversity net-gain delivery. James most recently spent four years as the Chief Executive of Natural England and brings a wealth of experience…

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