Viewpoint | Creating Resilience, Adaptive Spaces
A practical guide to UK biodiversity net gain costs
May 24, 2022 8 Minute Read
Looking for a PDF of this content?
From 2023, planning permission will only be granted to developments that achieve a minimum threshold for net gain in biodiversity. But what does this mean in practice for developers?
Key Takeaways:
- New regulation will require a 10% net gain in biodiversity as a condition of planning permission for all new developments across England and Wales
- Planning that minimises damage to valuable habitats will reduce viability risks and planning permission delays for developments
- Biodiversity net gain will likely be cheaper to achieve through on site or local habitat improvement
- Replacing habitats off site by purchasing biodiversity credits could cost more than 10 times the price of compensating on site
You can find example Biodiversity net gain calculations below:
Related Service
Further Reading
Make business critical decisions by managing sustainability risk in your portfolios. Advising on the property lifecycle and helping you build your sustainable future.
Build a more sustainable future with insights on the latest policies and technologies impacting decision-makers and our industry.