Protecting nature is "good business": a partial ecosystem collapse could cost US$2.7 trillion a year
According to the text, more than half of global GDP depends on nature, and scientists predict that a partial collapse of ecosystems could cost the global economy US$2.7 trillion a year. The author argues that meeting the 30x30 goal requires between US$100 billion and US$180 billion annually, against current spending of US$24 billion, and that achieving it could add up to US$450 billion to annual global GDP by 2050 and generate between 4 and 7 million jobs.
In 40 seconds
- A partial collapse of ecosystems could cost the global economy US$2.7 trillion a year, according to the scientists cited.
- Meeting the 30x30 goal requires between US$100 billion and US$180 billion a year, against current spending of US$24 billion.
- 20% of land and inland waters is protected; only 10% of the ocean has official designation and 3.5% is considered effectively protected.
Read the full story at El Tiempo
IASummary generated by artificial intelligence from a story by El Tiempo. It may contain errors: the original source prevails.
Comments
Be respectful. Comments reported by several people are hidden until a moderator reviews them.
You do not need an account to read, only to comment. Sign in with a code sent to your email or with your Google account. We only show the name you choose, never your email.