L

Lord Katz (Lab)

Speaking in the House of Lords on 12 March 2026

Debate

Peatland Restoration

Contribution

The noble Lord is absolutely right in drawing our attention to the Peatland Code and the work of other organisations and he is right in saying that private finance will be vital if we are to meet our peatland restoration objectives. It is important that peatland projects are able to make the most of new revenue streams, including carbon finance. We are acting in a number of different ways as a Government to ensure peatland restoration. A key constraint on restoration delivery is the size of the sector, which is why we are launching a new sector capacity grant of over £1 million in the summer, which will provide funding for training, skills and equipment. In terms of development, peatland policy works alongside planning systems, rather than prohibiting development. It guides developers to design schemes that avoid unnecessary peat loss and manage water tables safely.

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