Member

I make just a couple more brief points about the Government’s work in this area. I note that the Task Force on Climate-related Financial Disclosures guidance issued in December 2024 argues for the public sector incorporating climate related disclosures into annual reports. Surely, that is also an indication that we should incorporate them into major legislative changes. I note also a speech from Tony Juniper at the launch of Natural England’s first State of Natural Capital report in October 2024. I have some doubts about the accounting approach taken there but, none the less, the Government appear to be following this after the Dasgupta report. This is the Government doing a snapshot of the state of our natural assets. Surely, if they are then making decisions after that snapshot, they should be accounting for what impact those decisions will have on what accounts itself as natural capital. I beg to move.