Professor Partha Dasgupta of the University of Cambridge will tomorrow, Tuesday, 25 May 2021, present his final independent report on the global economic benefits of biodiversity, as well as the economic costs and risks linked to biodiversity loss at a virtual Africa policy dialogue on the economics of biodiversity.
After the presentation, a panel will discuss the report’s implications for Africa.
Africa Development Bank President Akinwumi Adesina will participate in the discussion, joined by Josefa Leonel Correia Sacko, Commissioner for Rural Economy and Agriculture of the African Union Commission; Sandy Sheard, Deputy Director with Her Majesty’s Treasury, UK; Prof. Kevin Chika Urama, Senior Director of the African Development Institute; Dr Åsa Persson, Research Director and Deputy Director at the Stockholm Environment Institute; and others.
The session is expected to produce a summary report identifying opportunities to implement Africa’s options for change, defined in the report as broad, interconnected transitions for humanity to undertake to: ensure that demands on nature do not exceed its supply and that we increase nature’s supply relative to its current level; change measures of economic success to put humanity on a more sustainable path; and transform institutions and systems to enable these changes and sustain them for future generations.
The summary report will include concrete steps for policymakers, academics, the private sector, and other actors to follow to achieve the Review’s targets.