Skip to main content

28 February 2024 - The role of natural capital in the green economy - Oral evidence

Committee Environmental Audit Committee
Inquiry The role of natural capital in the green economy

Wednesday 28 February 2024

Start times: 2:00pm (private) 2:15pm (public)


Add to calendar

Is investor behaviour in the UK nature-friendly? MPs consider what more can be done to both ensure nature protection and economic growth

In the second evidence session of its inquiry into The role of natural capital in the green economy, the Environmental Audit Committee turns its attention to the financing arrangements for natural capital, and how the UK can lead global efforts to support a nature positive economy.

Meeting details

At 2:15pm: Oral evidence
Inquiry The role of natural capital in the green economy
At 3:15pm: Oral evidence
Inquiry The role of natural capital in the green economy

Across two panels, MPs will be examining current economic models and approaches to natural capital markets. They will be looking for opportunities to develop green investment policies that work both for the economy and for the environment, and will be considering how to avoid the risks of greenwashing and ensure market integrity.

In the first panel, hearing from Schroders, the Intercontinental Exchange and the Green Finance Institute, MPs will be considering investor behaviour and what more can be done to enhance large-scale investment in natural capital that can help make the UK the preferred investment partner in this area. They will also be keen to seek views from the panel on the extent to which investors and corporations take responsibility for nature damaging activities, and, on the other hand, whether there is sufficient awareness of the threats to the economy arising from damage to nature.

The Committee will then hear from Joe’s Blooms, Respira and Climate Impact Partners, focusing on the challenges and opportunities for ecoservices and global nature finance. MPs will be keen to examine the ‘polluter pays’ principle, voluntary carbon markets and biodiversity net gain, and whether panellists believe current initiatives will boost the UK’s standing in natural capital markets.

Location

Room 15, Palace of Westminster

How to attend