We recommend the Government commission a review of the operation of ‘perverse subsidies’ in the UK economy. This must entail the identification, assessment and tracking of public expenditure harmful to biodiversity, and the publication of data on the extent of such subsidies. Once such subsidies have been identified, Ministers must act to readdress the balance, removing harmful subsidies and re-directing money to nature conservation and recovery. (Paragraph 135) Domestic biodiversity policy a...

We recommend the Government commission a review of the operation of ‘perverse subsidies’ in the UK economy. This must entail the identification, assessment and tracking of public expenditure harmful to biodiversity, and the publication of data on the extent of such subsidies. Once such subsidies have been identified, Ministers must act to readdress the balance, removing harmful subsidies and re-directing money to nature conservation and recovery. (Paragraph 135) Domestic biodiversity policy and legislation Type: recommendation | Number: 30 | Response status: under_consideration Government response: (30a) The Task Force on Nature-related Financial Disclosures (TFND) framework is scheduled to be ready for launch and uptake by the end of 2023. The framework won’t just focus on disclosures, but rather, as a critical first step, empower and enable institutions to understand, act and report on their