Source · Select Committees · Environmental Audit Committee
Recommendation 20
20
Paragraph: 88
Consideration of natural capital must be a priority in the assessment of overseas development assistance...
Conclusion
Consideration of natural capital must be a priority in the assessment of overseas development assistance projects. Nature sustains all of us and becomes even more critical in a developing country context. We welcome the Government’s announcement of a new International Biodiversity Fund and its commitment to nature-proof all overseas development assistance expenditure. We now need to see the detail of how the Government intends to achieve this and how the Government will mainstream consideration of biodiversity across development, trade, security and foreign policy. We regret that the Government’s international climate finance commitments, including its commitment to £3 billion on nature-based solutions to climate change, is not new and additional funding, but rather a redirection of the existing and reduced aid budget.
Paragraph Reference:
88
Government Response
Not Addressed
HM Government
Not Addressed
Consideration of natural capital must be a priority in the assessment of overseas development assistance projects. Nature sustains all of us and becomes even more critical in a developing country context. We welcome the Government’s announcement of a new International Biodiversity Fund and its commitment to nature-proof all overseas development assistance expenditure. We now need to see the detail of how the Government intends to achieve this and how the Government will mainstream consideration