The landmark Dasgupta Report (2021) articulated how much our economies, livelihoods and wellbeing all rely on nature.
With biodiversity in decline, the South Downs National Park Authority (SDNPA) recognises its position to make a positive impact, and has set a target of increasing land managed for nature within the National Park to 33% by 2030.
Through the Environment Improvement Plan (2023) the government has already set a goal to raise at least £500 million in private finance to support nature’s recovery every year by 2027 in England, rising to more than £1 billion by 2030.
Currently the majority of Carbon sold is voluntary, while Voluntary Biodiversity Credits already provide a mechanism for philanthropic private finance to support nature.
Evolving legislation around Nutrient Neutrality (Nitrates and Phosphates) and Biodiversity Net Gain (BNG) creates a need for more offsetting activities, unlocking Green Finance to deliver Nature Based Solutions.
The SDNPA sees this as a key enabler in achieving its nature restoration target and in taking climate action that pragmatically contributes towards Net Zero.
By utilising its experience, knowledge and statutory powers, the SDNPA is well placed to act as broker, accelerating and simplifying the process for potential buyers looking to purchase endorsed ReNature Credits of the highest quality.
SDNPA ReNature credits are sourced from strategic ReNature sites, sometimes referred to as Habitat Banks or Mitigation Sites, assured to deliver great potential for nature, meeting the Lawton Principles of “Bigger, better and more joined up.”