Case Study #5: Biodiversity Offsetting

The UK is in the process of establishing new policies and rules for biodiversity, environment, and agriculture as part of the 25-year Environment Plan and Agriculture Act. Three new agri-environment schemes (AES) will reward farmers and other land managers for delivering environmental management following the “public money for public goods approach”. This paper has been prepared as part of EFFECT UK Case Study #5 Biodiversity Offsetting to explore farmers, land managers and environmental advisors’ perspectives on various aspects of the Environment Bill and associated 25 Year Environment Plan. The report on EFFECT Case Study #5 includes results from an online survey to assess the strengths and weaknesses of the current AES, the new AES proposed under the Environment Plan, perspectives on biodiversity net gain and the design and implementation of biodiversity offset markets