Nature charities urge Chancellor to ramp up biodiversity spending in Budget

clock • 5 min read
Up to £6.8bn a year should be spent on nature restoration to meet the UK's 2030 nature targets
Image:

Up to £6.8bn a year should be spent on nature restoration to meet the UK's 2030 nature targets

New modelling from leading green campaign groups suggests a minimum investment of £1.2bn a year is needed to achieve the UK's nature protection goals, as concerns grow that Environment Bill could be watered down

A coalition of 22 nature charities today called on the Chancellor to commit to an additional £1.2bn in annual nature funding as part of the upcoming Spending Review and Budget, warning that a "business...

To continue reading this article...

Join BusinessGreen

  • Enjoy exclusive news, insights and analysis from Europe’s leading source of information on the green economy and business.
  • Make smart, responsible business decisions with an eye on the latest regulatory and tech development
  • Tap into our extensive archive of exclusive articles, news, analysis and guide
  • Access to our new BusinessGreen intelligence service, providing you with
  • > Exclusive in-depth case studies
  • > Policy briefings, white papers and reports on market trends that are shaping the direction of the net zero transition
  • Our overnight briefing, expertly curated help you run a competitive and sustainable business
  • Online and interactive meetings with BusinessGreen’s editors to discuss the crucial stories and trends from the past month

Choose the membership package that's right for you and your organisation, via our 3 membership levels.

Join now

 

Already a BusinessGreen member?

Login

More on Biodiversity

Environment Bank launches 30-year restoration and rewilding project at Castle Howard

Environment Bank launches 30-year restoration and rewilding project at Castle Howard

Hundreds of acres of low-yielding farmland surrounding stately home to be returned to nature - yielding a projected 200 per cent uplift in biodiversity

Stuart Stone
clock 08 November 2024 • 4 min read
'A voluntary approach hasn't been enough': Report argues food producers should be required to invest in the nature they profit from

'A voluntary approach hasn't been enough': Report argues food producers should be required to invest in the nature they profit from

Green Alliance calls for fresh 'obligations and incentives' to encourage food companies to invest more in protecting and restoring natural capital

Stuart Stone
clock 08 November 2024 • 3 min read
Business must double down on nature action after the disappointing COP16 outcome

Business must double down on nature action after the disappointing COP16 outcome

IEMA's Sarah Mukherjee reflects on what the weak outcome of fractious UN biodiversity talks in Cali, Colombia means for green business leaders

Sarah Mukherjee, IEMA
clock 07 November 2024 • 4 min read