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A 15-minute read with key updates on the BNG market, regulatory change, planning trends and regional opportunities.
Newsletter #1 Highlights
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The NSIPs Opportunity
This month, the Government introduced one of the most significant changes to Biodiversity Net Gain (BNG) since the policy came into force.
As of November 2, BNG requirements now apply to Nationally Significant Infrastructure Projects (NSIPs), bringing major developments - from airport expansions to energy grid upgrades and transport links - into scope.
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Why Location Matters
One of the key considerations when delivering Biodiversity Net Gain (BNG) off-site is spatial risk.
In practical terms, a habitat bank parcel generating 5 biodiversity units may contribute only 2.5 units to a development if it falls into the lowest spatial category. This means that habitat units located further from a development site can ultimately prove more expensive.
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Questions to ask when buying BNG units
As the market matures, buying biodiversity units requires more than simply finding available units at the right price.
For developers comparing BNG options, four questions are always worth asking.