Final report from the Ecosystem Markets Task Force on why nature matters for businesses.
This report states the business case for why nature matters. It makes practical recommendations for both government and business where interventions would assist in the creation and development of new markets, enhancing opportunities for growth that also benefit the environment.
The report affirms that business is often unaware of its true reliance on nature, and that a new approach is needed to maximise opportunities and manage future risks.
The report highlights 5 ‘headline’ or priority recommendations, as follows:
Biodiversity Offsetting: securing net gain for nature from planning and development
Closing the loop: anaerobic digestion and bioenergy on farms
Local woodfuel supply chains: active sustainable management supporting local economies
Nature-based certification and labelling: connecting consumers with nature
Water cycle catchment management: integrating nature into water, waste water and flood management.
For each recommendation the report highlights the size of the opportunity, both in terms of its economic value and its potential benefits to nature.