Nature & Wellbeing Act needed to protect dwindling natural capital

That’s the view of 92% of environment and sustainability professionals in the latest opinion poll from the Institute of Environmental Management & Assessment (IEMA) in the build-up to next month’s General Election.

“The UK is in the privileged position of still having a wealth of natural capital which makes a real contribution to our recovering economy,” explained IEMA’s lead on sustainability, climate change and the natural environment, Nick Blyth.

“However, if we are to retain our natural assets and wildlife, the next Government must be the first Parliament to create a Nature and Wellbeing Act.”

From the 646 IEMA members polled this month, 89% said that the swift introduction of a new Nature and Wellbeing Act would provide a solution to the issue of dwindling natural capital and would enshrine a much-needed strategic approach in law.

edie explains: natural capital

A similar proportion (88%) said that natural environment valuation should be given a more prominent role in nationally significant decision-making, and that the next Government should strengthen the role of the Natural Capital Committee (NCC); increasing its responsibilities and resourcing so that it sits on a par with the Committee on Climate Change which was launched in 2008.

In their election manifesto last week, all of the main parties – with the exception of UKIP –did give mention to natural capital or biodiversity.  

This is the latest in a series of member polls from IEMA ahead of the election. Other compelling findings include 95% of environmental professionals wanting to see sustainability issues given more prominence in the National Curriculum and 88% say the industry they work in is not doing enough to achieve circular economy goals
 
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Luke Nicholls