A review into the economics of biodiversity has taken a step forward, as Sir David Attenborough was unveiled as its ambassador.
The Chancellor Sajid Javid addressed the expert panel’s inaugural meeting at HM Treasury on the 16 September – underlining the importance of this work to help preserve the planet, while protecting the UK and global economy.
Professor Sir Partha Dasgupta is leading the independent global review, which seeks to:
- assess the economic benefits of biodiversity globally
- assess the economic costs and risks of biodiversity loss
- and identify a range of actions that can enhance biodiversity while delivering economic prosperity
It will report ahead of the UN’s biodiversity conference (15th Conference of the Parties to the Convention on Biological Diversity) taking place in October 2020, in China.
The Chancellor of the Exchequer, Sajid Javid, said:
“We’re determined to leave the environment in a better state than we found it for future generations.
Protecting nature’s biodiversity has both environmental and economic benefits.
That’s why we asked Professor Dasgupta to carry out the first review of its kind into this area, and I’m delighted Sir David Attenborough has agreed to be an Ambassador.”
Professor Sir Partha Dasgupta, leading the review, said:
“Biodiversity is at the heart of our way of life – therefore it is vital we preserve it for generations to come. By placing an economic value on the benefits of biodiversity we will be able to prevent its demise – which is a win-win for our future generations and economies.”
This follows the Prime Minister’s message at the G7 Summit, in August, that biodiversity and climate change must be addressed in tandem to protect the planet. Ministers are expected to attend various sessions on combating climate change and protecting biodiversity and the environment at the UN General Assembly next week.