Climate Contract Playbook Edition 3
156
Additional recitals: (B) The Owner wishes any future development of the Property to create a sustainable, resilient and net zero community. (C) The parties wish to adopt a ‘Zero Carbon by Design’ approach to the promotion, development and construction on the Property. (D) The parties aim the Development to be consistent with all applicable policy and targets for Net Zero. Additional Definitions Air Quality Index: the Daily Air Quality Index numbered 1-10 as published by DEFRA or replacement index issued by the UK government to measure air quality and pollution. Allotment Land : land designated in the Development for use as an allotment garden and to be made available to individuals within the community Architectural Diversity : a range of architectural designs and styles for housing and commercial buildings that provides different designs and a fair range of Affordable Housing options. BAU Development : a development that does not [comply with UK net zero policy] [achieve EPCA standard for at least 95% of the properties] [or similar benchmark]. Biodiversity Objectives : to develop a plan for the Development that will maintain, monitor and [improve][ensure no net loss of] the genetic, species and ecological diversity on the Property in accordance with [the Natural Capital Impact Group Biodiversity Impact Metric] [the Defra Biodiversity metric] [or a similar biodiversity framework]. Carbon Capture : the mechanical or natural removal of carbon dioxide from the atmosphere Carbon Insetting : a carbon reduction project, verified by a carbon offset standard, which occurs on the Property. Carbon Offsetting : the purchase of a quantity of carbon credits from a project that has been verified in accordance with [insert name of voluntary standard] or from a United Nations Framework Convention on Climate Change clean development mechanism in order to compensate for the emissions made by the Development. Climate Positive Planning Permission : a Planning Permission and Planning Agreement (if any) free from any Owner’s Unacceptable Condition (unless any Owner’s Unacceptable Condition is waived by the Owner in accordance with this agreement). Climate Professional : an environmental or net zero consultant that specialises in the creation, implementation and measurement of net zero targets that may from time to time be appointed in accordance with this Agreement in connection with the Development. Community Land : that part or parts of the Property designated as being for the benefit of the community, and to be held in community ownership, following the completion of the Development including:
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