Dasgupta Review: Governments must embed nature into economic decision-making or risk disaster

Treasury-backed report warns of 'market failure'

Michael Holder
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The Dasgupta Review has drawn comparisons with the Stern Review on the economics of climate change 15 years ago
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The Dasgupta Review has drawn comparisons with the Stern Review on the economics of climate change 15 years ago

A transformative rethink in how society measures economic success is urgently required if the world is to reverse devastating declines in biodiversity and avoid the escalating risk of human livelihoods and wellbeing being severely damaged by the ongoing destruction of the natural world.

That is the overarching conclusion today of a landmark independent review commissioned by the UK Government, which presents a comprehensive, first-of-its-kind assessment of the relationship between biodiversity and economics, as well as a stark warning about the impacts of societal systems on the planet's wildlife and resources. Led by University of Cambridge economist Professor Sir Partha Dasgupta, the 600-page report seeks to assess the ways in which society could better account for nature in economics and decision-making, arguing biodiversity loss is the result of nature having long b...

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