Biodiversity net gain policy could be costly for developers - Russell-Cooke in Property Week

The Environment Bill, introduced to parliament back in October but halted by the general election, may be heading towards the statute books once again, according to some industry figures. The bill is part of the government’s 25-year environment plan and sets out measures for meeting the 2050 carbon neutral target, improving air quality, transforming waste management and protecting water resources.

Alex Ground features in Property Week commenting on the bill's potential impact on developers who will have to ensure wildlife habitats are enhanced during development: "I think the government has found a really sensible way of improving the environment but not stymieing the delivery of housing. It still needs to be worked out and there is a lot of politics around this, but the government needs to put its money where its mouth is."

Biodiversity net gain policy could be costly for developers is available to read on the Property Week website via subscription. 

Alex is a partner in our real estate team. She acts mainly for property developers, strategic land owners, property owners, energy companies and private individuals on a complete range of projects from major development projects to those for individuals.