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Biodiversity to feature prominently in the Environment Bill

Today the Environment Secretary, George Eustice, will announce amendments to the Environment bill to “require an additional legally binding target for species for 2030, aiming to halt the decline of nature”….in the hope to achieve “Net zero equivalent for nature, spurring action of the scale required to address the biodiversity crisis.”

Expected announcements

Among the initiatives expected to be announced today:

  • Three new community forests will be created though a new programme, Trees for Climate, to allow more people to be closer to nature and enable the planting of 6,000 hectares of new woodland by 2025, building on the 500 hectares planted in the last year
  • A new Species Reintroduction Taskforce will take forward work around the reintroduction of species which have been lost to England – such as the wildcat – and the introduction of declining species into new areas to help populations recover. This could include the reintroduction of beavers in some parts of England
  • A major new multi-million pound tree planting grant – the England Woodland Creation Offer – will provide greater financial incentives for landowners and farmers to plant and manage trees

You can listen into the announcement

The Secretary of State and the Chairs of Natural England and Forestry Commission will speak from Delamere Forest from 1:30pm (Tuesday 18 May) at an online event hosted by The Wildlife Trusts. The event will be live streamed from 13:30pm and hosted on The Wildlife Trusts’ YouTube channel.

Join us for our next Conversation over Coffee event

As referred to in my blog on the Dasgupta Review, there a number of good reasons why business needs to be mindful of biodiversity, including:

  • Consumer/ customer demands
  • (holistic) Economics
  • Government interventions (legislation and / or financial stimulus)

So the topic for our next Conversation over Coffee, in conjunction with Exeter University is the “Nature of business…Business of Nature” on 26 May 2021.

We have started to compile a list of questions for our conversationalists and these are likely to include:

  • Will the UK / a business become uncompetitive if it leads on biodiversity?
  • Easy wins/ low hanging fruit?
  • Barriers to businesses engaging with and acting on biodiversity?
  • Where can a business go for help and support to embrace biodiversity

For more details and to register to log onto the virtual event please see – link.

FEATURING: Richard Wadman
Richard qualified as a Chartered Accountant with KPMG in 1993. Since 2006 he has worked in Corporate Finance, firstly with the predecessor firm in Truro… read more
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