Nature Restoration Fund and Marine Recovery Fund
(asked on 18th June 2025) - View Source
Question to the Department for Environment, Food and Rural Affairs:
To ask the Secretary of State for Environment, Food and Rural Affairs, how the proposed Nature Restoration Fund will interact with the Marine Recovery Fund.
Answered by
Mary Creagh
Parliamentary Under-Secretary (Department for Environment, Food and Rural Affairs)
This question was answered on 25th June 2025
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.