Economic Growth: Environment Protection
The question
To ask the Chancellor of the Exchequer, what assessment she has made of the potential impact of permanent absolute GDP growth on long-term environmental sustainability in the context of the Dasgupta Review.
Answered by Lucy Rigby
The Government recognises the vital role of nature in the economy and agrees with the central conclusion of the Dasgupta Review that biodiversity underpins nature, and sustains our economies, livelihoods and well-being.
As recommended by the Dasgupta Review, HM Treasury assesses the role of climate, nature and environmental sustainability in economic and financial decision making, including supporting economic growth, through a set of integrated analytical frameworks, including the Green Book and supportive supplementary guidance documents including the Enable a Natural Capital Approach (ENCA) and Accounting for the Effects of Climate Change (AECC)
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