EEP – Ecobank Project
The aim of the EEP Ecobank project is to work with land managers, industry, conservation managers and communities to allow the potential growth of Pembrokeshire’s economy while improving the environment of the Milford Haven and Cleddau catchment.
There is a growing concern over the loss of biodiversity in Pembrokeshire with the majority of Pembrokeshire Marine SAC features in unfavourable conservation status and nutrient loading into the Milford Haven identified as a key priority action. With the Waterway considered as being “full” with no headroom in the Milford Haven catchment, this presents a potential barrier to development and therefore any future schemes requiring a permit to discharge into the catchment will require some form of offsetting scheme.
The EEP has emerged in response to growing recognition of the need to create a new, innovative and collaborative approach to how we manage our natural resources. The project aim was to carry out a feasibility study testing the validity of a market-based offsetting scheme that provides a streamlined, consistent and robust nutrient assessment process.
This website provides full access to the feasibility study, potential next steps and a background to Payment for Ecosystem Services.