Baroness McIntosh of Pickering
Main Page: Baroness McIntosh of Pickering (Conservative - Life peer)(3 years, 6 months ago)
Grand CommitteeI add my congratulations to the noble Baroness, Lady Boycott, on securing this debate and introducing it so eloquently, which is greatly appreciated. I refer to my interests in the register.
I quote David Attenborough in the foreword to the report:
“The Dasgupta Review at last puts biodiversity at its core and provides the compass that we urgently need. In doing so, it shows us how, by bringing economics and ecology together, we can help save the natural world at what may be the last minute—and in doing so, save ourselves.”
I think this is the first time that, in reality, we are valuing natural capital and putting a price on nature. If that really is the case, we should recognise the role that farmers play in protecting our ecosystems and in which case, farmers should in fact be the wealthiest folk in the land. When she comes to sum up the debate, will the Minister tell us how farmers will benefit under the Agriculture Act and the forthcoming Environment Bill if they do not own or possess the natural capital but take the economic risk, which is particularly the case for tenant farmers?
What will the particular role of the Treasury be in delivering on biodiversity in the Environment Bill, as it will fall to Defra to implement its provisions and, as I mentioned earlier, those of the Agriculture Act, which is already on the statute book? I hope that my noble friend and her colleagues at the Treasury will take an active role in delivering for natural capital, protecting our ecosystems and recognising the role that the farming community and farmers will play in this regard.
The noble Baroness, Lady Ritchie of Downpatrick, has withdrawn so I call the noble Earl, Lord Devon.