Another day, another report!

Tuesday 2nd February 2021

And this one is really important. In early 2019 HM Treasury commissioned Professor Sir Partha Dasgupta from Cambridge University to put together a report to assess the economic benefits of biodiversity globally, assess the economic costs and risks of biodiversity loss, and identify a range of actions that can enhance biodiversity and deliver economic prosperity. That report 'the Dasgupta report' was released today. Final Report - The Economics of Biodiversity: The Dasgupta Review - GOV.UK (www.gov.uk).

The key message is that we are failing to manage our most precious asset - nature. Nature is not valued by our current economic system. This has led to our unsustainable exploitation of the natural world. It proposes three overarching options to enable this transformation: aligning our demands on nature with its supply (as well as increasing nature’s supply from its current level), changing our measures of economic success and transforming our institutions and systems to build a sustainable path forward. Interesting reading - what actions will come out of it?