Article 6ZJDX Nature loss will cut UK GDP by 5% without action from private sector, say experts

Nature loss will cut UK GDP by 5% without action from private sector, say experts

by
Fiona Harvey Environment editor
from Economics | The Guardian on (#6ZJDX)

Report finds regenerative approach could yield economic benefits while helping to meet environmental targets

The degradation of nature in the UK will lop nearly 5% off the country's GDP if the private sector does not make a greater effort to halt the decline, experts have warned.

Conversely, investing in nature can produce economic returns for companies in a range of sectors, from manufacturing and construction to food, according to a report from the Green Finance Institute (GFI) and WWF.

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