Hogan Lovells 2024 Election Impact and Congressional Outlook Report
The new Biodiversity Net Gain regime comes into force in February 2024 and should be front of mind for those in the development industry. Our Planning team has prepared a Real Estate Horizons video, a one page summary, and a flowchart to help you to navigate the new BNG regime. While the new regime will be another hurdle for developers to overcome, it could present an opportunity for others, including some landowners.
Our Real Estate Horizons video, one page summary, and flowchart explain what the new BNG requirement is, when it’s relevant and the options available for satisfying it, and provide details on how the biodiversity value of a site is calculated using the Biodiversity Metric and how the delivery of BNG can be secured and enforced.
Authored by Caroline Stares and Rosie Shields.