Defra recently published the Nature markets: A framework for scaling up private investment in nature recovery and sustainable farming and the new Green Finance Strategy set out how farmers/growers can access payments from both the public and private sector for the environmental benefits they produce.
Key policy announcements:
- Launch a new market for biodiversity net gain in England, for most housing development and subsequently nationally significant infrastructure projects.
- Test with stakeholders updates to the voluntary Environmental Reporting Guidelines for organisations.
- Continue to explore the design of ELM and other grant schemes to strengthen compatibility with nature markets.
- Further scope approaches to ensure publicly available data on credit transactions in nature markets.