Biodiversity Net Gain (BNG) has created a new income stream for farmers, using their natural capital to benefit nature whilst building resilience in their landholdings. One farmer who is benefitting is Toby Diggens.
Toby is working with BNG experts Environment Bank to set up a Habitat Bank on his farm in Devon, creating BNG Units that are then sold to developers enabling them to meet their biodiversity requirements.
As the years roll around, we grow ever closer to the end of EU subsidies and with rising input costs, many farmers are looking more closely than ever at how new agri-environmental schemes can help plug the funding gap.
Many farmers are taking matters into their own hands, looking at how they can use their natural capital for new diversification projects like BNG, solar or carbon capture, and investigating how they fit with existing farm enterprises.
Toby is one such farmer, who …