Farmers in Britain could soon earn money creating new habitats on their farms, as developers look to offset the loss of biodiversity resulting from development such as house building and infrastructure projects.
As Richard Allison reports in an article for Farmers Weekly (FWI), this demand is set to increase with the enactment of the Environment Bill, along with increasing interest by corporate bodies looking to secure investor funding by becoming nature positive.
This year saw the launch of carbon trading by companies such as Soil Capital and Gentle Farming, which has seen interest from regenerative farmers. And next year will see some growers start to earn money by improving biodiversity, taking poorer arable land and turning it into valuable nature habitats like species-rich meadows.
One organisation looking to offer biodiversity credits is The Environment Bank, which aims to create 100 new nature reserves over a three-year period. The bank is planning for a launch in January 2022.
Source: Farmers Weekly (FWI). Read the full story here
Photo credit: AdobeStock/alexionas via FWI