Biodiversity Net Gain in 2024: What does it mean, and how can it help your business grow?

Biodiversity Net Gain (BNG) is a concept that aims to ensure development projects deliver a measurable increase in biodiversity compared to the pre-development baseline. This means that any loss or degradation of habitats due to development must be appropriately mitigated, resulting in more significant improvements.

Successfully implementing BNG is hoped to enhance the natural environment, support wildlife habitats, and create more sustainable landscapes for future generations.

To facilitate the requirement for developers to demonstrate a minimum of 10% BNG, there is an emerging market in the provision and trade of off-site biodiversity units generated from establishing habitat banks. This has presented an opportunity for landowners to see BNG as a potential funding option for securing long-term habitat improvements on their land.

If you are new to the concept of Biodiversity Net Gain or unsure about how it applies to your development project and land holding, here are some helpful notes to consider:

1. Seek Expert Guidance: Consulting with BNG specialists can provide valuable insights into how your project can achieve net gain targets while meeting regulatory requirements.
2. Integrate BNG Early: Incorporating BNG considerations into the early stages of project planning can help streamline the process and ensure successful outcomes.
3. Collaborate with Stakeholders: Engaging with local communities, conservation groups, and other stakeholders can help garner support for BNG initiatives and foster a shared responsibility for biodiversity protection.
4. Monitor and Adapt: Monitoring the progress of BNG efforts is crucial for evaluating success and making adjustments as needed to achieve desired outcomes.

BNG presents a valuable mechanism for promoting environmental sustainability and protecting biodiversity in the face of development pressures. By understanding government rules, seeking expert guidance, and actively engaging in BNG initiatives, we can work together to create a more biodiverse and resilient world for future generations.

Please speak to one of our friendly experts who can support your BNG goals and help you navigate the regulatory landscape in 2024. Together, we can positively impact biodiversity and create a better future for all.

Contact details:
Telephone
0800 157 7707

Email
info@maydencroft.co.uk

https://www.biodiversity-net-gain.co.uk/contact-us.html

(C) Words: Cat Quigley