Article 6CH0M PwC walks back report used to claim Australia’s nature repair market could be worth $137bn

PwC walks back report used to claim Australia’s nature repair market could be worth $137bn

by
Paul Karp Chief political correspondent
from Environment | The Guardian on (#6CH0M)

Report cited by environment minister in support of offset bill criticised for inflated figures

PwC has walked back a report used to claim the nature repair market could be worth $137bn, accepting it measures indirect spending towards biodiversity" but the amount spent on threatened species conservation, with clear outcomes, is likely much less".

The consultancy firm made that submission to a Senate inquiry examining the Albanese government's nature repair market bill in response to a critique of the report from the progressive thinktank the Australia Institute.

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