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1. • • Credits are tiered across the three distinctiveness categories to reflect the cost and value of different habitats. The indicative prices across these tiers are: A1: £42,000 per credit A2: £48,000 per credit A3: £66,000 per credit A4: £125,000 per credit A5: £650,000 per credit.
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     Counting the cost of BNG: statutory credit prices released by ...

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   How are statutory biodiversity credits priced?

   • Statutory biodiversity credits are priced in tiers according to habitat type for area-based biodiversity units. There are separate prices for hedgerow and watercourse biodiversity units. Give feedback on this guidance by completing a short survey.

   Statutory biodiversity credit prices - GOV.UK

   www.gov.uk/guidance/statutory-biodiversity-credit-prices

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   What is a biodiversity credit?

   • Defra has made it very clear that a biodiversity unit is created by a BNG scheme where a habitat is established to offset the loss of a unit elsewhere. A biodiversity credit is a term for the statutory credit of last resort, which is available only if you are unable to purchase a biodiversity unit.

   Defra releases biodiversity statutory credit prices - Knight Frank

   www.knightfrank.com/research/article/2023-08-10-defra-releases-biodiversity-statutory-credit-prices

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   Can developers use statutory biodiversity credits?

   • Developers cannot use statutory biodiversity credits if they are required to make bespoke compensation. LPAs will advise developers on bespoke compensation where appropriate. Through site selection and layout, developers should avoid or reduce any impact on biodiversity.

   Statutory biodiversity credits - GOV.UK

   www.gov.uk/guidance/statutory-biodiversity-credits

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   How are statutory credits priced?

   • Statutory credits are priced in tiers. Different habitats are grouped in tiers to reflect the cost and value of different habitats. Tiers ‘A1’ to ‘A5’ refer to area habitats, tier ‘H’ refers to hedgerow, and ‘W’ to watercourse habitats.

   Statutory biodiversity credits - GOV.UK

   www.gov.uk/guidance/statutory-biodiversity-credits

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   Can I transfer statutory biodiversity credits?

   • Statutory biodiversity credits are purchased for a specific planning permission. You cannot transfer them to a different permission. If you make a section 73 application to vary a planning permission, you can count previous credit purchases from the original permission towards the new permission.

   Statutory biodiversity credits - GOV.UK

   www.gov.uk/guidance/statutory-biodiversity-credits

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   When is biodiversity net gain mandatory?

   • Biodiversity net gain (BNG) is mandatory from 12 February 2024. You can view all of the BNG guidance in the BNG collection. This table gives the prices of statutory biodiversity credits. Prices are based on the cost to create, maintain and monitor different habitat types.

   Statutory biodiversity credit prices - GOV.UK

   www.gov.uk/guidance/statutory-biodiversity-credit-prices

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3. www.gov.uk › statutory-biodiversity-credit-pricesStatutory biodiversity credit prices - GOV.UK

   www.gov.uk › statutory-biodiversity-credit-prices

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   Jul 27, 2023 · This table gives the prices of statutory biodiversity credits. Prices are based on the cost to create, maintain and monitor different habitat types. There is also a mark-up to...

4. www.gov.uk › guidance › statutory-biodiversity-creditsStatutory biodiversity credits - GOV.UK

   www.gov.uk › guidance › statutory-biodiversity-credits

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   Nov 29, 2023 · Check the cost of statutory biodiversity credits to work out the total cost. You should contact the LPA to discuss buying statutory biodiversity credits as part of your overall BNG strategy.

5. Videos

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6. www.gov.uk › guidance › estimate-the-cost-ofEstimate the cost of statutory biodiversity credits - GOV.UK

   www.gov.uk › guidance › estimate-the-cost-of

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   Feb 12, 2024 · Use this service to estimate the cost of statutory biodiversity credits for a development. From: Department for Environment, Food & Rural Affairs and Natural England

7. arbtech.co.uk › bng-unit-costA Breakdown of BNG Unit Cost: Current BNG Unit Price - Arbtech

   arbtech.co.uk › bng-unit-cost

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   Oct 17, 2024 · The Current Price for Biodiversity Net Gain Units. Back in 2023, the Department for Environment, Food and Rural Affairs (DEFRA) released indicative prices for statutory credits, giving developers, local planning authorities and every relevant responsible body a sign of how much it would cost to buy one biodiversity unit or more, depending on ...

8. www.charlesrussellspeechlys.com › en › insightsCounting the cost of BNG: statutory credit prices released by ...

   www.charlesrussellspeechlys.com › en › insights

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   Aug 17, 2023 · Since our last update, the government has published its indicative prices for statutory biodiversity credits, which are intended as a last resort where developers are unable to use on-site or off-site units to deliver BNG.

   • Author: Rachael Davidson

9. www.knightfrank.com › research › articleDefra releases biodiversity statutory credit prices

   www.knightfrank.com › research › article

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   Aug 10, 2023 · The credits for the replacement of habitats with the lowest distinctiveness will cost £42,000 each, ranging up to the most distinct habitats, e.g. peat lakes, costing £650,000. To take the place of one biodiversity unit, you will need two statutory credits, therefore a minimum cost of £84,000.

10. www.lexology.com › library › detailCounting the cost of BNG: statutory credit prices released by ...

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    Aug 10, 2023 · Since our last update, the government has published its indicative prices for statutory biodiversity credits, which are intended as a last resort where developers are unable to use on-site...