PLANS are being developed which could ease Plymouth’s future flood risks and climate-proof the city. The council is working with a fund manager with an environmental interest and it’s been reported that huge investments in the city’s water management could be unlocked thanks to the partnership.
The council is now in what is termed as a ‘nature-restoration partnership’ with Rebalance Earth, a UK-based boutique fund manager entirely focused on connecting finance with nature.
Rebalance Earth will collaborate with Ocean City Nature, an arm’s length, council-owned ‘habitat bank’, to ‘design and ultimately fund investible propositions’, it says.
The council has said: “Habitat banks are a form of green finance that ensures that the biodiversity net gain, required by law for large developments, benefits residents and also ensures that natural habitats are looked after and maintained for many years to come. From January 2024, national planning laws changed to require all large developments, as defined in planning terms, to provide at least ten per cent biodiversity net gain on all construction.
Denne historien er fra September 21, 2024-utgaven av The Herald.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent ? Logg på
Denne historien er fra September 21, 2024-utgaven av The Herald.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
Whittaker hits his century of Argyle outings
MORGAN Whittaker is set to make his 100th appearance for Plymouth Argyle in the away Championship game against Stoke City today (12.30pm).
A WELCOME RETURN
CISSOKO BACK AFTER THREE MONTHS OUT
Argyle without Gibson as he heads to Preston
PLYMOUTH Argyle will be without defender Lewis Gibson for today's Championship clash at Stoke City after he yesterday joined Preston North End for what the club called a \"significant undisclosed fee.\"
New year, new job buzz for Hamilton
SWITCH TO FERRARI GIVES LEWIS FRESH IMPETUS AFTER A YEAR OF STRUGGLE
Musk 'could help us fight online abuse'
ELON Musk’s attacks on the UK Government’s handling of child grooming gangs are “misjudged and certainly misinformed”, Wes Streeting said.
Zelensky talks Trump
TRUMP is \"strong and unpredictable\" and those qualities can be a decisive factor in his policy approach to Russia's invasion of Ukraine, according to Ukrainian President Volodymyr Zelensky.
Warnings in place as cold weather hits
LARGE parts of the country will face disruption from heavy snow and freezing rain over the weekend after forecasters issued two amber weather warnings.
Care crisis pledges
PEOPLE should be \"protected from the catastrophic costs of upfront care\" that see them forced to sell their homes, Wes Streeting has suggested.
Biker slams 'shoddy' new parking spaces
SAYS NEW SITE IN PRINCESS STREET IS MUCH SMALLER
Burglar's 24-hour rampage'
A MAN is set to face a judge for sentencing later this month after he admitted burgling a series of commercial businesses, including two of the city's most well-known latenight eateries.
