Responding to The Economics of Biodiversity: The Dasgupta Review, Michael Izza, ICAEW Chief Executive, said:
“The Dasgupta Review is to be welcomed and celebrated. As it makes clear, we need to reimagine our business and economic models so they are in harmony with nature. In order for this to happen we have to place wellbeing as the measure of economic success and recognise that this is rooted in sustained and thriving natural systems, with a requirement for all governments to develop wellbeing accounts that measure the value provided by nature and people.
“The coronavirus pandemic has been a wake-up call, and 2021 will see two major events to focus our activities on. At COP26 in November and the Biodiversity COP15, we need our political leaders to act boldly and collaboratively to instigate change. ICAEW will also work to ensure that the chartered accountancy profession takes up its role in giving trusted information and insight to help businesses make a positive impact on the world.”
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