Threads / Biodiversity Net Gain Implementation / We are concerned to note that the Government has not yet pu…
Government Response Published 7 May 2025 ↗ View on Parliament

We are concerned to note that the Government has not yet published full details of its approach to the investment of revenues from the sale of BNG credits. The Government must demonstrate that it is committed to this approach to nature renewal, rather than treating it as another source of revenue to the Exchequer. We recommend that Ministers publish as soon as possible their plans for the use of such revenues as remain after the costs of administering the credit sale scheme have been met. (Re...

We are concerned to note that the Government has not yet published full details of its approach to the investment of revenues from the sale of BNG credits. The Government must demonstrate that it is committed to this approach to nature renewal, rather than treating it as another source of revenue to the Exchequer. We recommend that Ministers publish as soon as possible their plans for the use of such revenues as remain after the costs of administering the credit sale scheme have been met. (Recommendation, Paragraph 93) Market demand Type: recommendation | Number: 19 | Response status: not_addressed Government response: In March 2025 we published our first annual BNG statutory credits report setting out the revenue received through the sale of credits. Demand for credits has been relatively low, reflecting the early stages of the policy’s implementation and the fact that BNG incentivises developers to follow the mi