REPORTS & BRIEFINGS | 10/12/2024
Why Nature Matters for Business
This briefing sets out why nature is vital for the UK economy, and the policy and regulation required from government to enable businesses to contribute to the protection and restoration of the natural environment.
It finds that clear frameworks are required to align environmental goals with business operations, ensuring a level playing field and robust compliance mechanisms. It calls for the government to:
- Create an effective framework for delivery with the Environmental Improvement Plan, Land Use Framework and plans to meet nature targets;
- Support the development of nature markets to scale and leverage private investment for nature where appropriate;
- Set up a taskforce and sandbox to accelerate the design of creative and environmental regulation, alongside effective resourcing for regulators and local authorities to play their role effectively.
- Increase the ambition of Biodiversity Net Gain and develop a delivery plan to meet the target to protect at least 30% of land and sea for nature by 2030.