Dasgupta Review

Lord Randall of Uxbridge Excerpts

Thursday 7th April 2022 Lords Chamber

Asked by

[Lord Randall of Uxbridge]

To ask Her Majesty’s Government what progress they have made in implementing the recommendations of The Economics of Biodiversity: The Dasgupta Review, published on 2 February 2021; and what international engagement they have undertaken to further the review’s objectives.

[Lord Randall of Uxbridge (Con)]

My Lords, I beg leave to ask the Question standing in my name on the Order Paper and draw attention to my conservation interests as set out in the register.

[Baroness Penn (Con)]

This Government are committed to delivering a nature-positive future in which we leave the environment in a better state than we found it and we reverse biodiversity loss globally by 2030. We are taking action to ensure that economic and financial decision-making, and the systems and institutions which underpin that, support the delivery of that nature-positive future. That includes international advocacy to promote the global Dasgupta review and the UK’s domestic approach to applying its findings.

[Lord Randall of Uxbridge (Con)]

I thank my noble friend for her Answer. It should be recognised that the Treasury should be thanked for commissioning this excellent review by Professor Dasgupta in the first place. What opportunities does my noble friend think that Her Majesty’s Government will have to advocate this excellent review internationally in the coming months?

[Baroness Penn (Con)]

My noble friend will know that we have the Convention on Biological Diversity this year, and the UK is committed to playing a leading role in developing an ambitious post-2020 global framework for biodiversity at that conference. Building on the review’s findings, we will work with partners to ensure that the post-2020 global diversity framework is ambitious, effectively spurring global action and the transformative change needed for halting and reversing global biodiversity loss.