Source · Select Committees · Environmental Audit Committee
Recommendation 69
69
Paragraph: 348
The value of biodiversity in rivers in England does not appear to have been priced...
Recommendation
The value of biodiversity in rivers in England does not appear to have been priced adequately into the economic decisions made by companies and by regulatory agencies. If it is to meet the Environment Act’s legally binding target to halt the decline in the abundance of species in England by 2030, the Government must make it clear, in strategic guidance to Ofwat and to National Highways, that from now on natural capital needs to be taken into account in all economic decision making, and priced at a level that preserves and enhances it.
Paragraph Reference:
348
Government Response
A response document is linked to this report, dated 16 May 2022. Response attribution to this recommendation has not been verified. Read the response document ↗