Clifford Chance
Conservation Covenants and their potential future use by Developers
13 August 2019
Conservation covenants are to be introduced in an attempt to provide relevant parties with a new legal tool for the conservation of nature and to facilitate sustainable development. The proposed scheme creates a new private-law right, allowing the enforcement of commitments to conservation outcomes in the long-term. This device may be used by developers to comply with current and future environmental regulations including the recently confirmed biodiversity net gain requirements.
