Uk nature loss gdp nature deflation impacts the bottom line of business
The personification of nature
Heading in post.
We live in a world where nature and finance are mutually connected.
Indeed there is no economy at all without nature.
In a gfi’s brilliantly written report We are called to value and invest in nature.. and provided with the quantification to support that request. The call is urgent - we must act now. The report makes clear that action must go beyond carbon reduction alone, but must incorporate nature.
The report comes in the same week as …
nature recognised as an official artist on major streaming platforms, and a share of the artists profits will be distributed to environmental causes. Some thing I did today was to specifically seek out Nature as a credited artist in a streamed music service. The result was wonderful.
This initiative is launched at a time when the
Green finance institute published their full final report on Assessing the Materiality of Nature-Related Financial Risks for the UK.
In a moving and inspirational report the authors make clear that the impact of nature decline are material.
The effects we feel in a lack of nature go beyond the descriptive, and can be quantified.
And they are happening now.
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I am thrilled that reading university …
I first encountered reading in my attendance of the reading festival. Travelling there on the train….
A heady mixture of live music, abundant vegetarian food and all before such things as smartphones and the internet. Do music festivals today still have message boards or have phones now completely replaced any need for them?
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It is a testament either to reading university’s digital marketing department and their skills with seo or as Terry patchett put it ‘marketing is a special kind of sourcery’ that if you google the impact of nature decline the first hit is reading university.
I have nothing against reading. Indeed
Reading is a city that holds a special place in my heart.
It’s where my dad worked when he lost his job at the brewery. He took lodgings there Monday to Friday because, well, a job is a job. He was a blind man, so he couldn’t have driven. So this is the only way he could remain employed.
It’s where I attended my first Reading festival. It was the first time I was surrounded by vegetarian and vegan food and I got to see Billy Bragg live on stage. For those that don’t know Billy is a socialist. No clues here.
The train to Reading is where I discovered that women don’t have to shave their armpits.
Reading Is the University my stepdaughter attended.
And it is Reading university contributed to Where the research has been completed that has shown that
The deterioration of the UK's natural environment could lead to an estimated 12% loss to GDP. This is more than either the financial crisis of 2008 or the Covid-19 pandemic. Each of these took around 5% annd 11% off the value of the UK GDP respectively.
Though a more thorough read shows that reading were not alone . The research was conducted by gfi, the lead authors are from reading and Oxford. Further there is a long list of worthy esteemed contributing partners. and other contributors included Oxford etc.
The importance of the research is that it shows that there is a financial incentive to protect annd increase nature. That far from a nice to have, or mere protection of our only planet, nature depletion impacts the bottom line of business.
agriculture, manufacturing, and utilities face higher levels of nature-related financial risk.
analysis, led by the GFI, with input from the University of Reading, as well as direction from the scientific community, the Department for Environment, Food and Rural Affairs (Defra), HM Treasury (HMT) and the Taskforce on Nature-related Financial Disclosures (TNFD), and input from the Financial Conduct Authority (FCA).
It is worth providing you with the full link to the full report here: and to offer some my thoughts on specific parts of the report.
At least Half of global gdb depends upon nature. And ultimately there is no economy at all without it.
Is a 12 % hit on gdp convincing enough for business to drive change? Let’s try a few comparisons. It is worse than the gdp impact of Covid 19 in 2020. People felt that pain. Businesses closed. We are still paying for it now.
In the last decade, ecosystems such as the Atrato River in Colombia and New Zealand’s Whanganui River have been granted legal personhood.
Mar Menor, Europe’s biggest saltwater lagoon, sits on the coast of southeastern Spain.
Mar Menor became the first ecosystem in Europe to be designated legal personhood rights.
Picture edited from Wikipedia - photographer Carlitos Urrutia
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