The Aldersgate Group (AG) has published a report on business and biodiversity, making the case for incorporating the value of nature into decision making in order to safeguard long-term economic growth.

The report conservatively estimates that the failure to address biodiversity loss will lead to cumulative losses equivalent to approx 7% of global consumption by 2050.

Peter Young, Chairman of the AG who also sits on the Government’s Ecosystem Markets Task Force said: “The protection of biodiversity must be a priority as we seek to build a stronger, more resilient economy. Preserving and replenishing services provided by nature will provide business opportunities now, and huge economic benefits in the future.”

To read the report, click here. To read coverage in Guardian Sustainable Business, click here.