The Government has outlined new plans to reduce water pollution including:
The new Nutrient Mitigation Scheme will be designed to complement existing activities, such as the Somerset Catchment Market.
The Government has stated that:
The Somerset Catchment Market is already developing a pipeline of new wetlands and woodlands to provide nutrient mitigation to meet current demand from housing development
The Government has made it clear that the new Natural England Scheme will work in partnership with initiatives such as the Somerset Catchment Market, and will be designed to complement rather than crowd out these schemes.
The current high demand for nutrient mitigation makes the Somerset Catchment Market an attractive opportunity for farmers and other landowners to secure competitive price for their nature-based projects over the next few years.
The amount of nutrient mitigation developers are required to deliver will reduce from 2024.
Somerset Catchment Market