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 The voluntary standard for peatland restoration
projects in the UK that want to be sponsored on
the basis of their climate and other benefits
 Guidance for restoration projects
 Assurance for sponsors
 In pilot phase (2013-2015)
 Not an offsetting scheme
www.iucn-uk-peatlandprogramme.org/peatland-
gateway/uk/peatland-code
Summary
Development
 IUCN Peatland conference, Stirling 2011
 Report for EMTF: ranked their top opportunity
 Highlighted in Defra’s PES Action Plan
 National Action Plan & Committee
on Climate Change: “key priority”
 Joint ministerial statement, 2013
 Code developed via Valuing
Nature Network project and
Defra PES Pilot
Governance
 Owned by IUCN UK Peatland Programme
 Steering group chaired by Paul Vaight:
 Government departments and agencies for UK and
devolved administrations
 Environmental NGOs
 Landowners
 Business
 Research
 Defra-funded R&D project to support pilot phase
managed by selected steering group members
Why is business interested?
 Reduce costs (some sectors)
 Demonstrate responsibility towards environment
 In future, meet environmental obligations
 Promote brands &
product lines linked
to peat
Restoration on Exmoor funded by South West Water
How much will it cost?
Note: these figures are
based on average
figures from across the
UK
How will it work for landowners?
 30 year contracts during pilot phase: a barrier?
 Negotiate price with sponsor
 Bi-laterally or via brokers
 Cover costs of work plus maintenance payments – no
set rate, to be agreed between buyer and seller
Submit Expression
of Interest to
Steering Group
Project Design
Document
Contracts and
project
implementation
Payment: lump sum
up front or annual
payments
www.iucn-uk-peatlandprogramme.org/peatland-
gateway/uk/peatland-code
Video

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A Summary of the UK Peatland Code

  • 1.
  • 2.  The voluntary standard for peatland restoration projects in the UK that want to be sponsored on the basis of their climate and other benefits  Guidance for restoration projects  Assurance for sponsors  In pilot phase (2013-2015)  Not an offsetting scheme www.iucn-uk-peatlandprogramme.org/peatland- gateway/uk/peatland-code Summary
  • 3. Development  IUCN Peatland conference, Stirling 2011  Report for EMTF: ranked their top opportunity  Highlighted in Defra’s PES Action Plan  National Action Plan & Committee on Climate Change: “key priority”  Joint ministerial statement, 2013  Code developed via Valuing Nature Network project and Defra PES Pilot
  • 4. Governance  Owned by IUCN UK Peatland Programme  Steering group chaired by Paul Vaight:  Government departments and agencies for UK and devolved administrations  Environmental NGOs  Landowners  Business  Research  Defra-funded R&D project to support pilot phase managed by selected steering group members
  • 5. Why is business interested?  Reduce costs (some sectors)  Demonstrate responsibility towards environment  In future, meet environmental obligations  Promote brands & product lines linked to peat Restoration on Exmoor funded by South West Water
  • 6. How much will it cost? Note: these figures are based on average figures from across the UK
  • 7. How will it work for landowners?  30 year contracts during pilot phase: a barrier?  Negotiate price with sponsor  Bi-laterally or via brokers  Cover costs of work plus maintenance payments – no set rate, to be agreed between buyer and seller Submit Expression of Interest to Steering Group Project Design Document Contracts and project implementation Payment: lump sum up front or annual payments