Bickershaw Nature Reserve
GMEF is seeking to establish a centralised investment vehicle to provide funding and support to habitat creation and restoration projects across Greater Manchester, taking advantage of the new market arising from emerging biodiversity net gain policy.
The proposed “Habitat Bank Facility” is intended to build on the momentum of national policy and local expertise to position Greater Manchester as a leading region for attracting repayable finance to create and restore habitats at a city region scale while providing verified BNG credits to developers.
Habitats are created in advance of harm caused by developments, with developers purchasing BNG credits during the planning process.
More information here.