Environment Secretary leads a new push with business to restore nature - Defra
- Environment Secretary Steve Reed has brought business leaders and investors together to scale up private investment in nature
- Government launches Call for Evidence on boosting private sector investment in nature recovery, delivering a key recommendation of the Corry Review.
- Action supports the Government’s aims to secure long-term economic growth and environmental health as part of the Plan for Change.
Environment Secretary Steve Reed champions private investment in nature recovery as the government launches a new call for evidence (12 June).
Speaking to leading figures from financial institutions, property, retail and sustainability sectors at a roundtable event in London, the Environment Secretary emphasised the importance of fostering partnerships between the public and private sectors to support economic growth while powering nature recovery.
Businesses across the UK, whether in food and agriculture, construction, finance, or retail, rely on a healthy natural environment to operate, grow and innovate.
Whether powering our industries, safeguarding our food security or protecting public health, over half of global GDP is highly or moderately dependent upon nature. England’s natural capital is valued at £1.4 trillion and generates over £35 billion worth of economic benefits annually excluding oil and gas, more than any single manufacturing sector.
That is why more private sector investment in nature recovery is vital. To help deliver that increased investment a new government Call for Evidence has launched today seeking ideas from business and investors - delivering a key recommendation of the Corry Review and the commitments made in the Land Use Framework consultation.