Hats off to the UK for commissioning the study, and to Professor Dasgupta for completing it. Sometimes a profession, like economics, takes time to catch up with the real world. Better late than never, like the guide to investing in nature, we are happy to see academia putting rigor into the analysis of how valuable nature is. Seemed obvious, even without these new studies, but this is what it takes to counter the disinformation promoted by extraction-intensive industries and their investors:
The Dasgupta Review is an independent, global review on the Economics of Biodiversity led by Professor Sir Partha Dasgupta (Frank Ramsey Professor Emeritus, University of Cambridge). The Review was commissioned in 2019 by HM Treasury and has been supported by an Advisory Panel drawn from public policy, science, economics, finance and business.
The Review calls for changes in how we think, act and measure economic success to protect and enhance our prosperity and the natural world. Grounded in a deep understanding of ecosystem processes and how they are affected by economic activity, the new framework presented by the Review sets out how we should account for Nature in economics and decision-making.
The final Review comprises the Full Report, an Abridged Version and the Headline Messages. Final Report documents (above).
Press Notice including external reactions to the Review:
- The Economics of Biodiversity: The Dasgupta Review – Press Notice
- The Economics of Biodiversity: The Dasgupta Review – Reactions (document above)
General enquiries and feedback should be directed to the Independent Review team biodiversityreview@hmtreasury.gov.uk
