Hello and welcome to the Green Alliance podcast. We are the charity and think tank that is all

about achieving ambitious leadership for the environment. I'm Sophia Griesen, policy advisor at Green

Alliance. For the last year, I've been working on our implementing desktop project,

where we've been looking at ways to help implement in UK policy the groundbreaking

findings of Sabathas research. In this episode, you'll hear some highlights from our event in April,

where we convened people from business, finance, government and civil society to discuss ideas

for implementing the review into economic decision-making. With speeches from Professor Anusha Shah,

Senior Director of Resilient Cities at Arcades,

and Professor Michael Maynilly, Lord Mayor of City of London.

Commissioned by the UK Treasury and published in 2021,

the Dasgupta Review set out the case for changing our economic system to reflect the fact that the economy does not exist outside of nature,

but is embedded within it and is bound by its limitations. The findings of the Dasgupta

review were groundbreaking, but three years on from publication and they've been largely ignored by

government. For the past year, they've been largely ignored by government.

For the past year, we've been working on specific policy ideas to implement aspects of the review,

with the aim of getting the UK economy, step by step, closer to a discaptor-aligned vision of an economy that values, maintains, and enhances nature.

Our work focuses on several areas, the need for pro-investment and greener fiscal rules,

growing nature markets, greening central banks, introduction of a green taxonomy that takes

nature restoration into account, and rethinking GDP as a measure of wealth.

So far, we've published work setting out the state of play on nature markets, and how to boost the supply side. Essentially, these are the projects and credits that the private sector

can invest in or buy. And we're finalising our thinking on the role for public investment banks

in nature markets and on how to boost demand, which is essentially the buyers and quantity

...