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Climate Goals: Wellbeing Economy

30 November 2021

Lead MP

Caroline Lucas
Brighton, Pavilion
Green

Responding Minister

Helen Whately

Tags

EconomyClimate
Word Count: 9517
Other Contributors: 10

At a Glance

Caroline Lucas raised concerns about climate goals: wellbeing economy in Westminster Hall. A government minister responded.

Key Requests to Government:

The lead MP asks the Government to adopt new measures of economic success beyond GDP to prioritise climate, nature, and collective wellbeing. She seeks confirmation that the Government accepts this need and requests a timeline for progress.

How the Debate Unfolded

MPs spoke in turn to share their views and ask questions. Here's what each person said:

Lead Contributor

Brighton, Pavilion
Opened the debate
The lead MP is concerned about the failure of current economic systems to address climate goals, inequality, and environmental destruction. She points out that ongoing economic growth threatens to exacerbate these issues. The petition calling for a wellbeing economy received nearly 70,000 signatures, highlighting public support for this approach. Scientific reports from IPCC/IPBES and business leaders like Paul Polman advocate for shifting away from GDP growth towards well-being and sustainability.

Government Response

Helen Whately
Government Response
It is a pleasure to serve under your chairmanship, Mr Betts, and to answer the debate on behalf of the Government. I congratulate the hon. Member for Brighton, Pavilion on securing a debate on an issue about which she cares deeply and speaks eloquently. The Government take seriously the topic of wellbeing economy and are committed to delivering world-leading climate goals while prioritizing citizen welfare and environmental sustainability. We are already thinking differently by focusing on broader measures such as reductions in carbon emissions, improvements in air quality, and increases in skills. GDP remains important but has limitations; we support broadening metrics to include natural capital and human capital accounting. The Office for National Statistics is receiving £25 million to improve UK economic statistics, including personal wellbeing measures and estimates of human capital. We updated the Green Book rules to guide spending decisions with wider social, economic, and environmental benefits in mind. The Government agree that nature and biodiversity sustain economies, livelihoods, and wellbeing, aiming for a nature-positive economy through the Environment Act 2021 and £30 billion investment in green industrial revolution. Climate change efforts include reducing greenhouse gas emissions by 44% since 1990 and investing in green finance initiatives. Growth matters as it means more jobs, higher incomes, and improved standards of living for struggling families. The Government's approach gives the best chance to meet climate goals while maximizing wellbeing.
Assessment & feedback
Summary accuracy

About Westminster Hall Debates

Westminster Hall debates are a chance for MPs to raise important issues affecting their constituents and get a response from a government minister. Unlike Prime Minister's Questions, these debates are more in-depth and collaborative. The MP who secured the debate speaks first, other MPs can contribute, and a minister responds with the government's position.