Manor Farm - Biodiversity Net Gain
Project Summary
In early 2023, Surrey Wildlife Trust successfully completed its first sale of Biodiversity Net Gain units to Shepperton Studios – in relation to their studio expansion, for a deal value of c.£1m. This agreement is a forerunner of the Biodiversity Net Gain (BNG) process due to become a requirement under the Environment Act 2021 in November 2023.
The deal also marks a significant step for Surrey Wildlife Trust’s broader plans for its Natural Capital Investment Company – A habitat bank project development vehicle to create, finance and deliver not only Biodiversity Net Gain projects but also other nature investment opportunities at scale to achieve nature recovery across Surrey.