How much can I earn from BNG Credits?

It has recently been requested of us to supply a client with a quote for BNG (Biodiversity Net Gain) Credits for a site near Chard and assessment of Carbon Credit Scoping.

This request is becoming more frequent as landowners may be interested in land use change, such as adapting disused or hard to manage land into biodiversity encouraging habitats.

Good areas to use for biodiversity credits might include boggy land, steep land, stoney land,  land with poor soil and any other area of underutilized Farmland.

Kate Jewell / Farmland near Scalford

BNG Credit Case Study

We will now describe to you a case study involving biodiversity net gain credits: The project consisted of assessing farmland which produces low yields and is hard to manage, and evaluating the current biodiversity value and understanding the ideal habitat to convert the land into. The subsequent increase of biodiversity value that can be gained with the converted land can be equated into Habitat Credits/BNG Credits. These BNG Credits can then be sold for between £9,000 and £25,000 (Squires, 2023).

The ideal habitat to be introduced was Native Broadleaved Woodland, and with 1 hectare of land enhanced from farmland this roughly equates to 5 habitat credits or £45,000.

Added Benefits

The newly planted woodland, funded by a BNG Credit buyer, can also gain additional carbon credits (WCU’s – Woodland Carbon Units). WCU’s can be sold for a guaranteed price for up to 2055/56 and can be sold for any newly planted woodland, not just for BNG.

If you require assistance with BNG Credit evaluation or Carbon Credit Scoping, let us know.

Image: Kate Jewell / Farmland near Scalford