Review on the Economics of Biodiversity Interim Report

Review on the Economics of Biodiversity Interim Report

Professor Sir Partha Dasgupta has released an interim report on global review on the Economics of Biodiversity which was commissioned last year by HM Treasury and is supported by an Advisory Panel drawn from public policy, science, economics, finance and business.

The independent Review will explore the sustainability of our engagements with Nature – what we take from it; how we transform what we take from it and return to it; why we have disrupted Nature’s processes; and what we must urgently do differently to enhance our collective wealth and well-being, and that of our descendants.

This interim report sets out the approach the Review is taking, including the main economic and scientific concepts that underpin the work. A comprehensive framework and recommended options for change will be covered in the final report later this year.

This review on the economics of biodiversity was announced by the Chancellor of the Exchequer in March 2019, and is led by Professor Sir Partha Dasgupta.

The Review will:

  • assess the economic benefits of biodiversity globally
  • assess the economic costs and risks of biodiversity loss
  • identify a range of actions that can simultaneously enhance biodiversity and deliver economic prosperity

The Review will report ahead of the 15th meeting of the Conference of the Parties to the Convention on Biological Diversity – an international biodiversity summit taking place in Kunming, China in October 2020.

Click to download a copy of The Economics of Biodiversity The Dasgupta Review – Interim Report