Select committee: Environmental Audit Committee

Conclusion 59

First Report - Biodiversity in the UK: bloom or bust? Published 30 Jun 2021 Paragraph 297
Conclusion (the committee's words)
Economic models that do not value nature and ecosystems cannot address climate change and biodiversity loss. GDP is a well-established measure of economic activity, but as Professor Dasgupta has highlighted, by itself it is not an adequate way to assesses the UK’s economy. GDP does not account for the depreciation of the natural environment. We are encouraged by the innovative work of the ONS to develop measures and frameworks beyond GDP.

From: Environmental Audit Committee, First Report - Biodiversity in the UK: bloom or bust? (HC 136), paragraph 297, 30 June 2021

Government response

The government responded to the whole report on 30 September 2021 (deadline 30 August 2021).

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