WE MUST CHANGE HOW WE THINK, ACT AND MEASURE SUCCESS.

Our 
Harmony booklet opens with an urgent message from Professor Sir Partha Dasgupta.

*We have collectively failed to engage with Nature sustainably, to the extent that our demands far exceed its capacity to supply the goods and services on which we all rely.
Our unsustainable engagement with Nature is endangering the prosperity of both current and future generations.

At the heart of this problem lies deep-rooted and widespread institutional failure.
The solution begins with recognising and accepting a simple truth: our economies are embedded within Nature, not external to it.*

Our economies, livelihoods and well-being all depend on our most precious asset: Nature.
We are part of Nature, not separate from it. We rely on Nature to provide us with food, water and shelter; to regulate climate and disease; to maintain nutrient cycles and oxygen production; and to offer spiritual fulfilment and opportunities for recreation and recuperation that enhance human health and well-being. At the same time, we use the planet as a sink for waste products, including carbon dioxide, plastics and other forms of pollution.

Nature is therefore an asset, just as produced capital (such as roads, buildings and factories) and human capital (including health, knowledge and skills) are assets. Like education and health, however, Nature is more than an economic good: many people value its very existence and recognise its intrinsic worth.

Biodiversity underpins Nature’s productivity, resilience and adaptability. Just as diversity within a portfolio of financial assets reduces risk and uncertainty, diversity within a portfolio of natural assets increases Nature’s resilience to shocks and reduces risks to the services it provides. When biodiversity declines, both Nature and humanity suffer.

Further Information
The Dasgupta Review is an independent global review on the Economics of Biodiversity led by Professor Sir Partha Dasgupta, Frank Ramsey Professor Emeritus at the University of Cambridge. Commissioned in 2019 by HM Treasury, the Review has been supported by an Advisory Panel drawn from public policy, science, economics, finance and business.

The Review calls for fundamental changes in how we think, act and measure economic success, in order to protect and enhance both human prosperity and the natural world. Grounded in a deep understanding of ecosystem processes and their interaction with economic activity, it presents a new framework for fully accounting for Nature in economic analysis and decision-making.
CLICK HERE TO READ: The final Review comprising the Full Report, an Abridged Version and the Headline Messages



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