Environmental Audit Committee

Chris Hinchliff Excerpts

Thursday 8th May 2025 Commons Chamber

[Mr Perkins]

I thank the hon. Member for his kind words. I will start at the end of his question. He is absolutely right, and we agree with the Government that we need to be able to attract more private investment if the 30 by 30 aspiration is to be realised. It was notable that when the Government came to the Committee, they made it clear that they did not yet know—as their predecessor Government did not know—exactly how much was being raised by the private sector. The starting point of assessing whether the Government are on track to meet their targets is knowing how well they are doing right now. One of the recommendations in the report is therefore that the Government should get on with identifying the full scale of the current level of private sector investment. We will absolutely look to do that.

The jury is still out on whether the nature restoration fund will be a good or a bad thing. It offers real potential. A one-for-one approach on small schemes is sometimes expensive to provide and offers relatively limited value, so there is real value to a pooled approach that enables money to go in so that wider-scale improvements can be delivered. However, as I said, we need to be really sure that that does not mean that urban areas get the blight and rural areas get all the nature gain. We need to see it delivered close to where the initial plans are being delivered.

[Chris Hinchliff (North East Hertfordshire) (Lab)]

I welcome the publication of the report, which reminds us all once again that nature is the true foundation of all wealth in our country and around the globe. A wide range of environmental organisations and eminent academics —including Sir Partha Dasgupta, professor emeritus of economics at the University of Cambridge, whose review for the Treasury underpins the Committee’s entire report—have publicly written to warn that proposed plans in the Government’s Planning and Infrastructure Bill are

“not a tool for ecological recovery”

but

“a licence to kill nature, with no evidence to suggest this would in any way help our economy.”

Does my hon. Friend agree that when leading economists, former Government advisers and leading conservationists with decades of collective experience have expressed such deep concerns about Government legislation, Ministers must listen and think again?

[Mr Perkins]

I thank my hon. Friend for that and for the excellent contribution he is making to the Select Committee. Professor Dasgupta is hugely respected, and his warnings should be taken very seriously indeed. I think that all Labour Members recognise the need for growth, but we demand that it comes hand in hand with nature recovery. We are one of the most nature-depleted nations on Earth and, as my hon. Friend rightly said, nature is the foundation stone on which all economic growth should be built. A nation that prioritises economic growth over our environment is one heading down a dangerous and foolish path. We have heard some really positive commitments from the Government, but we need to see them actualised. I completely agree with what he said.