Greening public investment
All public investment must abide by nature-positive criteria
The Dasgupta Review
The central insight of the 2021 Dasgupta Review into the economics of global biodiversity was that economies are embedded in nature. The destruction of nature not only threatens the survival of all species, but is also placing our economies and wellbeing at risk.
There needs to be a major shift in approach to economic policy and how we assess performance as we tackle the nature and climate emergency.
We need to value nature and transform the way we protect and enhance it at scale. Nature and climate must be at the heart of all government spending decisions.
What nature needs:
- Effective implementation of government appraisal guidance (the Green Book), reflecting the value of biodiversity and natural capital in investment and policy choices.
- Screening of all government spending policies to ensure annual Budgets and Spending Reviews support a net zero, nature-positive transition.
- A government commitment to developing and publishing national natural capital accounts at Spending Reviews, so changes in GDP can be understood in the context of the impact on natural assets.
Transitioning to a nature-positive economy
The Dasgupta Review made recommendations about how we must transform our economic system if people and the planet are to prosper.
Now is the time to work together and restore nature, based on a new sustainable economic model. Our response to the review, Transitioning to a Nature-Positive Economy by 2030 – with partners Vivid Economics, Wildlife and Countryside Link and Green Alliance – identifies measurable actions governments need to take.