Recommendation 1

The Government should undertake an impact assessment of the Planning and Infrastructure Bill to assess how the Nature Restoration Fund would interact with and impact upon the operation of Biodiversity net gain and of broader Government initiatives to encourage investment into nature markets. The Committee expects this impact assessment to be published prior to the first day of the Bill’s Report stage in the House of Commons, to assist the House in understanding the implications of the Bill’s provisions for the development of natural capital markets. (Recommendation, Paragraph 32)