Source · Select Committees · Environmental Audit Committee
1st Report – The role of natural capital in the UK's green economy
Environmental Audit Committee
HC 501
Published 7 May 2025
Recommendations
10
Rejected
Ensure fiscal policy provides incentives for natural capital while protecting food security.
Recommendation
The Government should keep under review the effect of its fiscal policy on the availability of land for natural capital investment. In particular, the effect of the inclusion of environmental improvement schemes within the scope of APR relief from April …
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Government Response Summary
The government agrees to monitor changes to agricultural property relief in the normal way but rejects the recommendation to report to the House by a specific deadline due to data lag and complexity.
29
Rejected
Establish comprehensive, publicly accessible register of BNG assets, investors, and credit owners by February 2026.
Recommendation
We recommend that not later than 12 February 2026—the start of the next biodiversity net gain reporting year—the Government establish a comprehensive and publicly accessible register of: • the location of onsite and offsite assets being developed under statutory provision …
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Government Response Summary
The government states that a publicly available register for off-site BNG already exists but explicitly rejects the recommendation to establish a comprehensive, publicly accessible register including on-site assets, investor identities, and credit owners by 12 February 2026, stating they have no plans to develop an on-site register.