Part 3 of this bill is being heavily criticised and campaigned against as it removes the (already subpar) existing protections nature has against developers. Instead, developers are to pay into a pot of money which very vaguely promises to pay for the offsetting of habitat and species loss.
Even when done well, these ‘cash to trash’ schemes don’t come close to replacing what’s been lost. This is terrifying news for nature and people. As we’ve reiterated in our messaging around this bill, nature underpins our health, food and economy and shouldn’t be viewed as something separate to us.