New Biodiversity Laws Bring Additional Costs for Property Developers in England
The UK is one of the most nature depleted countries in the world. Lawmakers are now seeking to reverse this trend by targeting property developers.
New laws aimed at improving nature (biodiversity) in England have just come into effect for housebuilders and commercial property developers. These new Biodiversity Net Gain (BNG) laws are mandatory and require the amount of biodiversity at development sites to be increased by 10% for development to go ahead in England. If this target cannot be met at the development site itself, the developer can improve biodiversity at other sites in England or buy biodiversity credits, but these are expensive.
It is important for property developers of sites in England to find ways to comply with the new obligations without undermining the financial viability of their schemes.
For answers to your questions about BNG in England and to understand how the position differs in Wales, join our webinar with Head of Environmental, Climate and Sustainability Law, Stephen Sykes & Planning Solicitor, Tom Jones on Tuesday 12th March.
What will be included in the webinar?
- BNG: what it is and why it’s now a mandatory requirement
- What this means to you and your developments
- Timescales for BNG implementation
- How to develop your BNG Plan
- The cost to developers
- The key differences between England and Wales
Who should attend?
- Property developers
- Housebuilders
- Major landowners
Webinar series
The first part of our 2-part webinar series, we provide you with the key information you need to know when it comes to Biodiversity Net Gain (BNG) and Net Benefit to Biodiversity (NBB). Join our series to understand the key elements you need to be aware of, what this means for you and your developments and gain practical implementation insights and strategies from a panel of leading experts with first-hand experience of dealing with the new requirements.