Terrasos Voluntary Biodiversity Credits — El Globo Habitat Bank (Colombia)
Colombia
Colombia's first Habitat Bank to issue tradeable Voluntary Biodiversity Credits protects 340 ha of Andean cloud forest in Támesis, Antioquia; …
United Kingdom · London · See the United Kingdom profile · See the London profile
Evidence: Descriptive / self-reported Top 33% 53/100 · Ask Evidence Copilot about this practice
Since February 2024, most development in England must deliver a measurable 10% biodiversity net gain in standardised biodiversity units — a statutory market for biodiversity, secured for at least 30 years and listed on a public register.
Under the Environment Act 2021, Biodiversity Net Gain became mandatory in England on 12 February 2024 (and from April 2024 for most development): developments must demonstrate a 10% net gain in biodiversity, measured in standardised biodiversity units via a statutory metric.
Where on-site gains are insufficient, developers buy off-site units from habitat-creation 'gain sites' listed on a public Biodiversity Gain Site Register, with the created habitat secured by legal agreement for a minimum of 30 years.
It is the leading example of a government-mandated biodiversity-credit market, showing how a standardised unit and a public register can create durable demand for habitat creation.
National / regional programmes
Indicative funding routes for practices of this type — always check each programme's current calls and eligibility rules.
Do you run this practice? Claim it — verified implementers get a public contact pathway and can propose corrections.
Where this practice's information was retrieved from, and when.
Colombia
Colombia's first Habitat Bank to issue tradeable Voluntary Biodiversity Credits protects 340 ha of Andean cloud forest in Támesis, Antioquia; …
France
Europe's first supply-side biodiversity compensation site: CDC Biodiversité restored 357 ha of orchards to rare Crau steppic grassland (€12.5M; 2008–10). …
Australia
Largest biodiversity credit market in Australia: 381 stewardship agreements covering 109,911 ha under NSW Biodiversity Conservation Act 2016. A$467M Stewardship …
India
India's national Green Credit Programme (Oct 2023) issues credits for restoring degraded land: by early 2025, 17 states had registered …
Open full copilot Grounded in cited practices — always check the sources.