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Biodiversity offsetting has been formally implemented into the planning process in England through the introduction of Biodiversity Net Gain (BNG) on February 12, 2024 under the Environment Act 2021 through modification to the Town and Country Planning Act. BNG is England’s domestic ecological compensation policy, designed to compensate for ...
"No net loss" is defined by the International Finance Corporation as "the point at which the project-related impacts on biodiversity are balanced by measures taken to avoid and minimize the project's impacts, to understand on site restoration and finally to offset significant residual impacts, if any, on an appropriate geographic scale (e.g local, landscape-level, national, regional)."
For example, in the UK, the British Government has been called on by the Wildlife Trusts to raise its ambition for nature positive development through the Biodiversity Net Gain policy [56] and the devolved government in Wales was called on by Climate Cymru, [57] RSPB Cymru, and Wales Environment Link [58] to draft a Nature Positive Bill.
The BNG policy requires a 10% net gain in biodiversity levels at a development site, measured using a 'Statutory Biodiversity Metric'. Habitat banks are suggested by Natural England as an off-site method for delivering biodiversity gains in advance of losses by creating and enhancing habitat, both on public or private lands. [44]
For example, England's Biodiversity Net Gain policy requires that developers purchase biodiversity credits from the government if they are unable to achieve a 10% gain in biodiversity by creating or enhancing habitat on their development site. [44] Some entities might also purchase credits form these systems voluntarily. [45]
The term nature-based solutions was put forward by practitioners in the late 2000s. At that time it was used by international organisations such as the International Union for Conservation of Nature and the World Bank in the context of finding new solutions to mitigate and adapt to climate change effects by working with natural ecosystems rather than relying purely on engineering interventions.
A biodiversity action plan (BAP) is an internationally recognized program addressing threatened species and habitats and is designed to protect and restore biological systems. The original impetus for these plans derives from the 1992 Convention on Biological Diversity (CBD). As of 2009, 191 countries have ratified the CBD, but only a fraction ...
"No Net loss" is the United States government's overall policy goal regarding wetlands preservation. The goal of the policy is to balance wetland loss due to economic development with wetlands reclamation , mitigation, and restorations efforts, so that the total acreage of wetlands in the country does not decrease, but remains constant or ...