Biodiversity is an essential component of nature and plays a critical role in the provision of ecosystem services. However, the loss of biodiversity poses a major risk to our economies.
Commissioned in 2019 by HM Treasury and supported by an advisory panel made up of experts from the fields of public policy, science, economics, finance and business, the Dasgupta Review aims to shape the international response to biodiversity loss, including post-Aichi Biodiversity Targets, and inform global action to deliver on the UN Sustainable Development Goals (SDGs).
The Review will explore the sustainability of our interactions 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 for generations to come. Addressing this issue is even more relevant in the time of the COVID-19 pandemic that has devastated so many lives and livelihoods.
The 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 to be released later in 2020, prior to the fifteenth meeting of the Conference of the Parties (COP15) to the Convention on Biological Diversity (CBD) due to be held in Kunming, China.
Enquiries and feedback should be directed to the independent Review team, which will inform the final Review.