Benn to call on world leaders to adopt biodiversity pricing

Environment secretary says a way must be found to take account of the economic impact of decisions on biodiversityWorld leaders must find a way to price the impact of their decisions on biodiversity in the same way that the international community is finding a way of pricing carbon, the environment secretary, Hilary Benn, said today.Benn was setting out some of the Labour election manifesto thinking before a speech tomorrow in which he will warn that the world may be going through its sixth great extinction event – when many species decrease sharply. But he will warn against pessimism over the failure of the Copenhagen talks, saying a way has to be found to reverse "the collective loss of personal, economic and environmental optimism".He said he believed one way to repel the attack on biodiversity was to repeat the success of the report into the economic consequences of climate change produced...

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