This post is by Paul Morling, principal economist at the RSPB, and James Fotherby of Green Alliance.
It is difficult not to see the government’s response to the Dasgupta Review, published this week, as a significant moment. In accepting two of the most fundamental arguments of the review: that nature is what ultimately sustains our economies and that reversing biodiversity loss is foundational to achieving a nature positive economy, the government has taken the first bold steps towards tackling the nature crisis.
This post is by Paul Morling, principal economist at the RSPB.
In commissioning the Dasgupta Review in 2019 the Treasury demonstrated a clear recognition that solving the nature crisis is vital for the functioning of our economy at large. To speak in economic terms, nature is a macroeconomic consideration and the review itself concludes that addressing the crisis is foundational to sustainable economic prosperity. In short, if we don’t tackle the nature crisis, our real economy and our quality of life is going to suffer.
This post was originally published by Business Green.
The rapid decline of nature in the UK isn’t just bad for the environment, it’s undermining our economic prosperity, as the Treasury’s recent Dasgupta Review on the economics of biodiversity and research by Cambridge University and the RSPB have shown. And turning around this crisis will only be achieved by concerted, co-ordinated action from both the public and private sectors.
This post is by Tom Fewins, head of policy & advocacy at the Wildfowl & Wetlands Trust (WWT).
Here’s a question for you: what does ‘Ramsar’ stand for?
While some may see it as shorthand for the Convention on Wetlands of International Importance, it is actually named after a place. The Iranian city of Ramsar sits on the shores of the Caspian Sea, where this multilateral agreement was first signed; this year the Ramsar Convention marks its 50th anniversary.
This post is by Professor Diane Coyle and Dr Matthew Agarwala. The article was originally published on the Bennett Institute for Public Policy’s blog.
The UK government commissioned independent review on the Economics of Biodiversity, by our Cambridge colleague Professor Sir Partha Dasgupta, is a landmark. Launched on the 2 February it sets out forcefully the imperative for action to halt, and reverse, a catastrophic decline in biodiversity over recent decades. The case it makes is a pragmatic one. Many people will agree there is a moral case for humanity to be good stewards of the rest of nature, but the review’s point is that the economic case is powerful too; ethics and economics are not separate.
This is a joint piece by Tony Juniper, chair of Natural England, Emma Howard Boyd, chair of the Environment Agency and Sir William Worsley, chair of the Forestry Commission.
The effects of the coronavirus pandemic on our society and economy have been profound and will leave a lasting legacy. While the outbreak of the virus was a great shock to our system, the legacy it leaves is much more within our control. Read more