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Countries Adopt Landmark Framework That Transforms 'Value' Of Nature


Friday, 12 March 2021, 7:12 pm
UN Member States agreed a new statistical
framework on Wednesday that takes into account the
contributions of nature, when measuring economic prosperity
and human well-being.
Adopted by nations
gathered at the UN Statistical
Commission – the Organization’s highest decision
making body for international statistics standards – the
new economic and environmental statistical framework is expected
to “reshape” decisions and policies for sustainable
development and climate action.
“This is a historic
step forward towards transforming how we view and value
nature”, UN Secretary-General António
Guterres said.
“We will no longer be heedlessly
allowing environmental destruction and degradation to be ....

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Reflect nature's 'true value' in economic policies and decisions, UN chief urges


The United Nations
Nations must start weighing up the cost of economic profit against damage to the environment if they are to have a chance at a sustainable future, the UN Secretary-General António Guterres said on Tuesday.
The UN chief highlighted that the global economy increased almost fivefold in the past fifty years, but that growth was at a massive cost to the environment.
Up to now, humanity has treated nature as a free commodity. The price is climate change, pollution and mass extinction. It is high time to #MakeNatureCount , and to go beyond GDP as the only measure of economic success (video via @UNDESA). pic.twitter.com/v6e5oUdfO9 ....

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