‘Last resort’ biodiversity credits could be used a lot more than intended, experts say
Coming into force on 12 February 2024, Biodiversity Net Gain legislation will require developers to increase the biodiversity of sites by at least 10% and, in many cases, more. This is achievable by developing land on site, off site, or by purchasing BNG statutory credits from Natural England. Though it is hoped that developers will choose to improve biodiversity on site, it is predicted that many will opt for off site, which can be more economical.
In an article for Inside Housing, partner Angus Walker explains how the statutory credits system has been presented as a ‘last resort’ and that the government is trying to make it less easy to go ‘straight to credits.’ He states:
‘[Credits] certainly will be the quickest solution, the easiest as well, and developers who are always in a hurry might opt for it.’
The full article on Biodiversity Net Gain can be read on the Inside Housing website.