The Dasgupta Review – Independent Review on the Economics of Biodiversity
- Author: Professor Sir Partha Dasgupta, Frank Ramsey Professor Emeritus of Economics at the University of Cambridge, UK
- Source: UK Government – https://www.gov.uk/government/publications/interim-report-the-dasgupta-review-independent-review-on-the-economics-of-biodiversity
- Project: HM Treasury, the UK Government Ministry of Economic and Finance
- Date of publication: April 2020
The independent review commissioned by UK Government explains why the economics of nature and biodiversity is important for decision-makers, especially in the areas of finance, development and planning, and suggests policy options. In addition, the review expands the understanding of how humans have disrupted nature’s processes, and the way forward to enhance our inclusive and collective wealth and wellbeing, and that of our descendants.
Documents explain that the economics of biodiversity is the economics of the biosphere, and that biodiversity sustains the biosphere upon which the survival depends. It sees the management of nature and biodiversity as an asset management issue. It demonstrates how our demand for the goods and services that nature provides outstrips its ability to supply them sustainably. And it suggests that the only way to measure societal progress is by measuring the inclusive wealth of the economy.
Download publication here.