Statutory biodiversity credit prices
TheGuide prices ofand statutoryinformation biodiversityon creditscalculating fromcosts thefor datedevelopers biodiversitybuying netstatutory gain (BNG) becomes mandatory.credits.
Applies to England
ThisBuying draftstatutory guidancebiodiversity explainscredits whatis willa applylast whenresort option for developers if you are unable to use on-site or off-site units to deliver biodiversity net gain (BNG)).
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ThisThese tableprices givesare theindicative, priceswhich means they give an indication of statutorylikely biodiversityprices, creditsto fromhelp developers plan ahead. Confirmed prices will be published when BNGbiodiversity net gain becomes mandatory. mandatory.
Prices include all costs, apart from VAT. VAT will be reviewedincluded everyin 6the monthsinvoice fromfor whenany BNGstatutory becomescredit mandatory.purchase.
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Statutory biodiversity credit prices are not guideline prices for biodiversity units sold in the off-site private market. Credit prices are set high to ensure they do not compete with the development of the private off-sitemarket.
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StatutoryIf credityou pricesbuy arestatutory notbiodiversity guidelinecredits, pricesa ‘spatial risk multiplier’ will apply, which doubles the amount of credits you need. You must buy 2 credits for off-siteevery 1 biodiversity units. unit you need to compensate for. The statutory biodiversity metric will automatically calculate this multiplication for you.
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Information about terms in the table of prices
‘Distinctiveness’ is a measure based on the type of habitat and its distinguishing features. It measures different ecological factors, such as: as:
- the rarity of the habitat
habitat - species richness within a habitat
habitat
‘Broad’ and ‘specific’ habitat types are terms the biodiversity metric tool uses to describe different kinds of habitat. habitat.
‘Broad habitat type’ describes the general habitat, for example grassland or wetland. wetland.
‘Specific habitat type’ describes the habitat in more detail, for example traditional orchards or reedbeds. reedbeds.
The prices in the table are per credit. If you buy statutory biodiversity credits, a ‘spatial risk multiplier’ (SRM) will apply, which doubles the amount of statutory credits you need. The SRM applies to statutory credits to ensure they do not compete with the development of the off-site market and remain a last resort. You must buy 2 statutory credits for every 1 biodiversity unit you need to compensate for. The statutory biodiversity metric will automatically calculate this multiplication for you. The spatial risk multiplier is not accounted for in the prices in the table. table.
For each habitat type in the table,table below, you can see its ‘tier’. StatutoryBiodiversity biodiversitycredit creditsprices are pricedtiered, into tiersreflect accordingthe tocost habitatand typevalue forof area-baseddifferent biodiversityhabitats. units.When Thereyou areaccess separatethe pricescredit forsales hedgerowservice, andyou’ll watercoursehave biodiversityto units.pick which tier or tiers you are buying.
Area habitats
Low distinctiveness habitats
Habitat distinctiveness | Broad habitat type | Specific habitat type | Price per credit | Tier |
---|---|---|---|---|
Low | All | All | £42,000 | A1 |
Medium distinctiveness habitats
Habitat distinctiveness | Broad habitat type | Specific habitat type | Price per credit | Tier |
---|---|---|---|---|
Medium | Heathland and shrub | All | £42,000 | A1 |
Medium | Grassland | All | £42,000 | A1 |
Medium | Individual trees | All | £42,000 | A1 |
Medium | Urban | All | £42,000 | A1 |
Medium | Cropland | All | £42,000 | A1 |
Medium | Woodland and forest | All | £48,000 | A2 |
Medium | Intertidal sediment | All | £48,000 | A2 |
Medium | Lakes | Reservoirs | £125,000 | A4 |
Medium | Lakes - ponds (non-priority habitat) | Ponds | £125,000 | A4 |
Medium | Sparsely vegetated land | Other inland rock and scree | £125,000 | A4 |
High distinctiveness habitats
Habitat distinctiveness | Broad habitat type | Specific habitat type | Price per credit | Tier |
---|---|---|---|---|
High | Wetland | Reedbeds | £42,000 | A1 |
High | Grassland | Traditional orchards | £42,000 | A1 |
High | Grassland | Lowland calcareous grassland | £48,000 | A2 |
High | Grassland | Tall herb communities (H6430) | £48,000 | A2 |
High | Grassland | Upland calcareous grassland | £48,000 | A2 |
High | Heathland and shrub | Dunes with sea buckthorn | £48,000 | A2 |
High | Heathland and shrub | Lowland heathland | £48,000 | A2 |
High | Heathland and shrub | Upland heathland | £48,000 | A2 |
High | Urban | Open mosaic habitats on previously developed land | £48,000 | A2 |
High | Woodland and forest | Wet woodland | £66,000 | A3 |
High | Woodland and forest | Felled | £66,000 | A3 |
High | Woodland and forest | Upland birchwoods | £66,000 | A3 |
High | Intertidal sediment | Littoral mud | £66,000 | A3 |
High | Intertidal sediment | Littoral mixed sediments | £66,000 | A3 |
High | Intertidal sediment | Littoral – biogenic reefs - mussels | £66,000 | A3 |
High | Intertidal sediment | Littoral biogenic reefs - Sabellaria | £66,000 | A3 |
High | Intertidal sediment | Features of littoral sediment | £66,000 | A3 |
High | Intertidal sediment | Littoral muddy sand | £66,000 | A3 |
High | Wetland mosaic | Floodplain wetland mosaic (CFGM) | £125,000 | A4 |
High | Ponds | Ponds (priority habitat) | £125,000 | A4 |
High | Ponds | Temporary lakes, ponds and pools | £125,000 | A4 |
High | Coastal lagoons | Coastal lagoons | £125,000 | A4 |
High | Rocky shore | High energy littoral rock | £125,000 | A4 |
High | Rocky shore | Moderate energy littoral rock | £125,000 | A4 |
High | Rocky shore | Low energy littoral rock | £125,000 | A4 |
High | Rocky shore | Features of littoral rock | £125,000 | A4 |
High | Coastal saltmarsh | Saltmarshes and saline reedbeds | £125,000 | A4 |
High | Intertidal sediment | Littoral seagrass | £125,000 | A4 |
High | Sparsely vegetated land | Coastal sand dunes | £125,000 | A4 |
High | Sparsely vegetated land | Coastal vegetated shingle | £125,000 | A4 |
High | Sparsely vegetated land | Maritime cliff and slopes | £125,000 | A4 |
High | Sparsely vegetated land | Inland rock outcrop and scree habitats | £125,000 | A4 |
High | Woodland and forest | Upland mixed ashwoods | £125,000 | A4 |
High | Woodland and forest | Native pine woodlands | £125,000 | A4 |
High | Woodland and forest | Lowland mixed deciduous woodland | £125,000 | A4 |
High | Woodland and forest | Lowland beech and yew woodland | £125,000 | A4 |
High | Woodland and forest | Upland oakwood | £125,000 | A4 |
High | Lakes | High alkalinity lakes | £650,000 | A5 |
High | Lakes | Low alkalinity lakes | £650,000 | A5 |
High | Lakes | Marl lakes | £650,000 | A5 |
High | Lakes | Moderate alkalinity lakes | £650,000 | A5 |
High | Lakes | Peat lakes | £650,000 | A5 |
Linear habitats
Hedgerow
Habitat distinctiveness | Broad habitat type | Specific habitat type | Price per credit | Tier |
---|---|---|---|---|
Various | Hedgerow | All | £44,000 | H |
Watercourses
Habitat distinctiveness | Broad habitat type | Specific habitat type | Price per credit | Tier |
---|---|---|---|---|
Various | All watercourses | All | £230,000 | W |
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Last updated 29
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Updated to confirm prices previously published as ‘indicative’, ahead of biodiversity net gain becoming mandatory. The table of prices has not changed. Added detail on price reviews.
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Amended the 'watercourses' table to clarify that there is one tier and price for all types of watercourses. Added information about what we will spend the revenue from credit sales on. Clarified that we have set credit prices high, to ensure they do not compete with the development of the private market. Clarified that prices include all costs, apart from VAT.
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Added an explanation of ‘broad’ and ‘specific’ habitat types to the section 'Information about terms in the table' and re-ordered the information in this section.