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<p>Through the Environment Act 2021, the Government committed to the legally binding
target of creating or restoring more than 500,000 hectares of wildlife-rich habitat
outside of protected site by 2042. Taking actions for nature, including protecting
our land and species, is also a core part of our third National Adaptation Programme.</p><p>
</p><p>This Government is not currently planning to make an additional assessment
around providing £3bn per year on nature restoration for adaptation and cannot commit
to funding beyond the life of this parliament, but regularly reviews budgets as part
of business planning and spending review decisions.</p><p> </p><p>Defra has guaranteed
an average £2.4bn annual budget for the farming sector for the life of this Parliament.
This includes paying farmers to restore valuable habitats such as lowland peat and
to engage in sustainable agroforestry and wetland management, which will support adaptation
to climate change. A range of bespoke funding also exists to support nature restoration.
Our recently awarded Species Survival Fund is supporting 20 projects with £25m for
habitat creation and restoration, while Natural England has launched 12 Nature Recovery
Projects spanning over 300,000 hectares since 2022, with 13 more to come by 2025.</p>
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