Independent review
Completed
Dasgupta Review
Independent global review of the economics of biodiversity, commissioned by HM Treasury. Concluded that nature is an asset and that economic systems must account for natural capital. Proposed three broad transitions.
Government Response
HM Treasury published the formal 'Government Response to the Dasgupta Review' on 14 June 2021 (Command Paper CP 504). It sets out where the Government considers it is already making progress towards a 'nature positive' future and where it will go further in light of the Review's conclusions, organised around the Review's three central challenges. It responds to the high-level recommendations thematically rather than with a single accept/reject framing.
Recommendations
Recommendation i
Ensure that our demands on Nature do not exceed its supply, and that we increase Nature's supply relative to its current level.
Recommendation ii
Change our measures of economic success to guide us on a more sustainable path.
Recommendation iii
Transform our institutions and systems – in particular our finance and education systems – to enable these changes and sustain them for future generations.
No recommendations with this response.