Treasury conceded that there is a long way to go before accounting for the environment is fully embedded within the spending review process and is on a level pegging with carbon emissions where there is a statutory budget-setting process. It said it needed to do more to ensure the guidance and the structures used reflect the natural environment, and would have to do a great deal of work at next year’s spending review “to try to cobble together the Environment Bill and the spending cycle”.50 R...

Treasury conceded that there is a long way to go before accounting for the environment is fully embedded within the spending review process and is on a level pegging with carbon emissions where there is a statutory budget-setting process. It said it needed to do more to ensure the guidance and the structures used reflect the natural environment, and would have to do a great deal of work at next year’s spending review “to try to cobble together the Environment Bill and the spending cycle”.50 Regulation of environmental law Type: conclusion | Number: 19 | Response status: not_addressed