Guidance

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)).

You becomeswill mandatory.be Weable to buy statutory biodiversity credits using a credit sales service, which will continuebe toavailable updateonce thisBNG guidance.becomes mandatory.

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.

Credit Wesales revenue will reviewbe pricingused toto:

  • invest ensurein ithabitat iscreation setprojects
  • administer highcredit enoughsales

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.

Using market,the asstatutory wellbiodiversity asmetric ato feasiblecalculate optionbiodiversity forcredits

To asupport developeryou towith usecalculating ashow amany lastcredits resort.you Weneed, willwe announceare anyworking plannedon pricean changesaddition to the biodiversity metric. This will be available in thisthe guidance,statutory givingbiodiversity atmetric leasttool, 10when weeks’BNG notice. becomes mandatory.

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 unitsunit you need to compensate for. The statutory biodiversity metric will automatically calculate this multiplication for you.

TheseYou pricescan dofind notmore includeinformation VAT.about Youthe willspatial seerisk VATmultiplier in the invoiceBiodiversity forMetric any4.0 statutoryuser creditguide, purchase. section 7.4 (page 29).

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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Published 27 July 2023
Last updated 2911 NovemberAugust 2023 + show all updates
  1. 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.

  2. 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.

  3. 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.