20 Not Addressed

Consideration of natural capital must be a priority in the assessment of overseas development assistance...

Conclusion
Consideration of natural capital must be a priority in the assessment of overseas development assistance projects. Nature sustains all of us and becomes even more critical in a developing country context. We welcome the Government’s announcement of a new International Biodiversity Fund and its commitment to nature-proof all overseas development assistance expenditure. We now need to see the detail of how the Government intends to achieve this and how the Government will mainstream consideration of biodiversity across development, trade, security and foreign policy. We regret that the Government’s international climate finance commitments, including its commitment to £3 billion on nature-based solutions to climate change, is not new and additional funding, but rather a redirection of the existing and reduced aid budget.
Government Response Summary
The government response is incomplete and only reiterates the committee's conclusion, failing to address the detail of how it will nature-proof ODA expenditure or the committee's regret regarding the source of international climate finance.
Paragraph Reference
88
Government Response
Not Addressed
HM Government Not Addressed
Consideration of natural capital must be a priority in the assessment of overseas development assistance projects. Nature sustains all of us and becomes even more critical in a developing country context. We welcome the Government’s announcement of a new International Biodiversity Fund and its commitment to nature-proof all overseas development assistance expenditure. We now need to see the detail of how the Government intends to achieve this and how the Government will mainstream consideration
Timeline
Recommendation age 4.8 yrs
Report published 30 Sep 2021