Diversifying or leasing your land to create habitat banks

Webinar | Agriculture

About This Webinar

Wednesday 6 July, 15:30 – 16:15

We know that biodiversity net gains provide a significant opportunity for landowners to diversify their business, but how much can be earnt and how do you mitigate the risk?

One of the options farmers can diversify into is creating habitat banks, a parcel of land where they can create a significant uplift in biodiversity. Typically they are created on low-yielding land between 10 to 100 hectares in size and can be made up of species-rich grassland, woodland, wetland, mixed scrub or rewilding sites.

They provide a secured and long-term income to landowners and a biologically diverse haven for nature.

In our latest agricultural webinar, Peter Snodgrass, Head of Agriculture and Jennie Wheildon, Director were joined by Alexa Culver, General Counsel and Rob Wreglesworth, Principle Ecologist from the Environment Bank. This webinar explored:

The legal considerations when establishing a Habitat Bank and entering into conservation covenants.
What the farm might look like from a legal perspective if you establish a Habitat Bank.
What is a Habitat Bank and what are the management requirements?
What are the commercial benefits of habitat creation?
How would a Habitat Bank work alongside current business/farming operations and sources of funding?
Can Habitat Banks help achieve net-zero targets?
How land agents can benefit from the Environment Bank model?
The key tax implications for creating a Habitat Bank.