New standards will set the bar for nature investments, prevent greenwashing and helping business invest in restoring nature
New government-backed pioneering green finance standards have been introduced today (Tuesday 25 March) to boost investment into nature and support economic growth, as well as helping to clamp down on “greenwashing”.
This landmark standard - launched by British Standards Institution (BSI) - will help nature-friendly investments across the UK to grow, by building confidence among businesses that these investments are making a real difference for our natural environment.
These new standards will bring a variety of benefits for the environment. Projects that could be supported include restoring wetlands, improving water quality, building flood resilience, and creating new habitats.
Through the Plan for Change this Government is working to deliver economic growth across the country, and to support this, we will make the UK the green finance capital of the world.
A healthy natural environment is crucial to economic growth. Without a healthy environment, there is no food, no business, and no economy. The Green Finance Institute found that nature-related risks including water shortages and soil health reduction could lead to a 6% reduction to GDP in the years ahead. That is why economic growth and nature restoration must go hand in hand.
This is the first standard for collective nature markets of its kind in the UK, and one of the first in the world, marking the UK out as a global leader and marks our ambition to pioneer nature markets which guard against greenwashing and lead to lasting environmental change.
Posted On: 26/03/2025
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