Like @GeorgeMonbiot & others, I'm wary of economists trying to 'put a price on nature'.
But I was surprised to see the #DasguptaReview make a strong case for actually *putting large parts of the biosphere off-limits to the market*.
Short thread to explain:
Whilst advocating for 'natural capital' accounting, Prof Dasgupta also says: "in many cases there is a strong economic rationale for quantity restrictions over pricing mechanisms. Expanding and improving the management of Protected Areas therefore has an essential role to play”
"Protected Areas can act as a form of quantity restrictions as alternative approach to market mechanisms to prevent degradation of our natural assets" - main Dasgupta report, p.439 assets.publishing.service.gov.uk/government/upl…
Dasgupta: "Protected Areas have an essential role in conserving and restoring our natural capital, but it has been estimated that only 20% of Protected Areas are being managed well" (p.487) - a veiled critique of UK Govt's failure to protect nature within National Parks
"Considerably better land-use planning and marine spatial planning, in the form of legally binding instruments, can help to provide a long-term framework for balancing the competing demands we make of our ecosystems" - Dasgupta sounding more like a planner than an economist here
Dasgupta: "More investment in Protected Areas is needed. It has been estimated that to protect 30% of the world’s land and ocean and manage these areas effectively by 2030 would require an average investment of US$140 billion annually" - will @hmtreasury oblige?
Dasgupta also proposes that 'global public goods' like tropical rainforests and marine ecosystems in the High Seas should either be paid (obvs a market approach) OR restrictions "prohibiting their use in ecologically sensitive areas should be instituted" i.e. put outside market
In sum: yes, be wary of economists trying to financialise nature.
But the #DasguptaReview also provides strong arguments (from an economist!) for putting large parts of nature off-limits to the market, via Protected Areas - and critiquing Govt's failures to do so properly yet.
PS: Oh, by the way - Dasgupta casually concludes that there is an inevitable end to material economic growth - "because the biosphere is bounded, the global economy is bounded"; "the global output of goods and services is inevitably bounded". Pretty radical for a Treasury review!
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(2/n) In fact, most of the grouse moor estates in the North York Moors look like they'll be exempted from a burning ban - because, despite all being designated sites (SSSIs, SACs, & SPAs), Natural England considers the peat here to be 'shallow' rather than 'deep'.
(3/n) As an aside, the Queen's grouse moor at Goathland was the scene of illegal raptor persecution last summer. In the wake of this, the Duchy of Lancaster suggested it might turn its back on grouse shooting in future. Will it voluntarily stop burning? channel4.com/news/is-queen-…
THREAD: How many grouse moor estates will the Government's (very caveated) moorland burning ban affect? I've been taking a look at some maps...
Firstly, here's a map of where grouse moors are in England, approximately - built by @beadyallen & me a few years ago.
(1/10)
Here’s where grouse moors are covered by SSSI designations (Sites of Special Scientific Interest). Many are; the red areas are grouse moors outside of SSSIs. This is the first criterion to be caught by the burning ban. (see gov.uk/government/new…)
(2/10)
And here’s where grouse moors are covered by SSSIs, Special Areas of Conservation (SACs) and Special Protection Areas (SPAs). Most are covered by all three nature designations. Areas in red show the grouse moors outside them.
BREAKING: Govt finally announces legislation to ban moorland burning by grouse moor estates – but not before time, & the legislation contains some glaring loopholes that need closing.
Upland estates must end these damaging practices & embrace rewilding.
Some further thoughts (1/3): There are plenty of loopholes in there - burning only banned on peat 40cm+ deep, within SSSIs that are also SACs. Plenty of burning takes place on shallow peat outside of designated sites and is equally bad for climate & habitat.
(2/3): There's also a dodgy get-out clause allowing the SoS to issues licences for burning 'for wildfire prevention'. This is a contradiction in terms - healthy blanket bog needs water, not fire. Grouse moor estates create a tinderbox by burning & encouraging heather dominance.
Today @LouisaCasson and I visited Ulva, an island off the west coast of Mull, which was brutally cleared of people in the early 19th century. Back then its population was 600. Today its population is 6.
2/ Ulva is a wind-trammelled expanse of heathland, bog and deciduous forest reached only by a tiny ferry that you summon by sliding an old wooden sign to reveal a red flag.
3/ ‘Ulva’ is a Viking word meaning ‘Wolf’s island’. It has been inhabited by people since prehistoric times, who hunted the deer, and Neolithic remains have been found on the isle.