Agenda item - Biodiversity Habitat Bank Pilot at St Michaels Field
navigation and tools
Find it
You are here - Home : Council and Democracy : Councillors and Committees : Agenda item
Agenda item
Biodiversity Habitat Bank Pilot at St Michaels Field
- Meeting of Cabinet, Thursday, 22nd January, 2026 2.00pm (Item 111.)
- View the background to item 111.
Decision:
1) Cabinet agrees to register St Michael’s Field as a Habitat Bank and enter the necessary legal agreement for the registration of the site.
2) Cabinet delegates authority to the Corporate Director for Finance & Property and the Corporate Director for City Operations for key decisions on registration and sale of biodiversity units and credits.
Minutes:
111.1 Cabinet considered a report that sought approval to register St Michael’s Field as a Habitat Bank for the purpose of selling Biodiversity Net Gain (BNG) units and Voluntary Biodiversity (VB) credits to developers and corporates.
111.2 Councillor Muten contributed to the debate of the report.
111.3 Resolved-
1) Cabinet agrees to register St Michael’s Field as a Habitat Bank and enter the necessary legal agreement for the registration of the site.
2) Cabinet delegates authority to the Corporate Director for Finance & Property and the Corporate Director for City Operations for key decisions on registration and sale of biodiversity units and credits.
Supporting documents:
-
Biodiversity Habitat Bank Pilot at St Michaels Field, item 111.
PDF 178 KB View as HTML (111./1) 67 KB -
Appendix 1 - BNG Habitat Bank EIA Screening, item 111.
PDF 552 KB View as HTML (111./2) 60 KB