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<p>The Government welcomes the recent publication of the Dasgupta Review as a strong
example of UK thought leadership on an important environmental issue with clear –
but often overlooked – economic consequences. The Government will closely examine
the Review’s findings - including those concerning measures of economic success. It
will call on international partners, including through the UK’s Presidencies of the
G7 and COP26, to do the same and will respond formally to the Review in due course.</p><p>
</p><p>On 12 February, the Chancellor co-hosted the first G7 meeting with the Governor
of the Bank of England and called on the G7 to take the lead in shaping support for
vulnerable countries in 2021. He stated that climate and nature considerations will
be a central priority for this year’s Finance Agenda, paving the way to a truly green
global economic recovery. The Chancellor urged his counterparts to match the UK’s
ambitions ahead of COP26 and stressed the importance of working together to support
a smooth and effective transition of our economies to net zero.</p>
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