The Economics of Biodiversity: The Dasgupta Review – Abridged Version

Delivering sustainable economic growth
Posted Feb 15, 2021 | UK Treasury, Partha Dasgupta

In this review of the economics of biodiversity, commissioned by the UK Treasury, Partha Dasgupta argues that nature, like education and health, is more than a mere economic good, and makes a case for restoring nature to economic analysis. He argues that a country’s natural assets should be regarded as no less a part of its productive capital than assets like broadband, bridges, or the skills base. As the primary measure of economic success, GDP does not account for the depreciation of assets like the natural environment and encourages the pursuit of unsustainable economic growth. By measuring wealth in terms of all assets, including natural assets, ‘inclusive wealth’ would provide a clear and coherent measure that corresponds directly with the well-being of current and future generations.


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