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, whether his Department plans to merge the proposed Nature Restoration Fund 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.