The Economics of Biodiversity: GDP out, Nature in!

Posted on 1 Jun 2021 by Jonny Williamson

Using Gross Domestic Product as a means of measuring success encourages “unsustainable economic growth” and is no longer fit for purpose, according to a landmark review into the Economics of Biodiversity

“While humanity has prospered immensely in recent decades” such prosperity “has come at a devastating cost to Nature”. That’s the stark finding of Professor Partha Dasgupta’s review of The Economics of Biodiversity, commissioned by the UK government. We have “collectively failed to engage with Nature sustainably” and “our demands far exceed its capacity to supply…

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