Question to the Department for Environment, Food and Rural Affairs:

To ask the Secretary of State for Environment, Food and Rural Affairs, if his Department will make an assessment of the potential merits of establishing an accreditation body to approve and administer standards for nature markets for the purposes of enabling farmers and land managers to realise new revenue streams.

The Government is committed to scaling up private investment in sustainable farming and nature recovery. Robust standards and accreditation arrangements are already established for some ecosystem service markets, namely though the UK Woodland Carbon Code and UK Peatland Code. We are exploring with the British Standards Institute other opportunities to support standards' development in order to unlock investment for a broader suite of sustainable farming and nature recovery activities.