Marine Recovery Fund and Nature Restoration Fund
The question
To ask the Secretary of State for Environment, Food and Rural Affairs what assessment he has made of the potential impact of the Nature Restoration Fund proposed by the Planning and Infrastructure Bill on the Marine Recovery Fund.
Answered by Mary Creagh
The Marine Recovery Fund is being established as a voluntary mechanism to deliver strategic compensation for offshore wind developers.
The Nature Restoration Fund will offer a new way for developers to discharge existing environmental obligations related to protected sites and species, using resources strategically to maximise positive outcomes for nature.
There are currently no plans to combine the two funds.
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