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Committee Material Published 7 May 2025 ↗ View on Parliament

The work done so far in Government to incorporate natural capital approaches into policymaking and the overall evaluation of the economy is welcome: but there is little evidence to how this approach genuinely informs Ministerial and Cabinet decisions on the economy. The Government is yet to demonstrate how it is fully integrating natural capital and natural capital risk into all of its decisions, including financial decisions. We note with concern that the environment and nature are not expre...

The work done so far in Government to incorporate natural capital approaches into policymaking and the overall evaluation of the economy is welcome: but there is little evidence to how this approach genuinely informs Ministerial and Cabinet decisions on the economy. The Government is yet to demonstrate how it is fully integrating natural capital and natural capital risk into all of its decisions, including financial decisions. We note with concern that the environment and nature are not expressly included in the remits of any of the Mission Boards of the current administration. (Conclusion, Paragraph 35) Type: conclusion | Number: 3 | Response status: accepted Government response: The Enabling a Natural Capital Approach Green Book Supplementary Guidance and the Environmental Principles Policy Guidance aim to upskill policymakers across government, enabling them to take natural capital into account in their broader decision-making. In England, the Environmental Improvement Pla