Peter Young, Chairman of the Aldersgate Group, joined Ian Cheshire, Chief Executive of Kingfisher, and Caroline Spelman to launch the Ecosystem Markets Taskforce.
Peter Young said at the launch: "There is an unnerving similarity between the exceedence of sustainable ecosystem services and the exceedence of sustainable finance that has led to the sovereign debt crisis. Both rob future generations of riches which we have mortgaged or depleted. The timing of this task force is absolutely right to build on the recent National Ecosystem Assessment and pledge to produce Natural Capital accounts. I believe business is eager to lead in developing markets and opportunities to stop depletion and start enhancing the incredible value of services provided by nature."