01 Oct '11, 2pm

$13 Trillion Lost from Environmental Damage:

$13 Trillion Lost from Environmental Damage:

A report funded by the European Commission tried to generate a preliminary estimate of costs to the global economy from environmental damage . Destruction of ecosystems reduces free services provided by them, such as nutrient cycling, soil viability, freshwater filtering, erosion control, biodiversity, pollination, and so forth. They came up with the figure of almost $14 trillion Euros per year lost due to environmental damage from human activities. That figure is a projection for the year 2050 and is equivalent to seven percent of the world’s GDP for that year, based on estimates. Human economic prospects are not separate from the environment. Damage to the environment also harms the human community, because our survival depends upon having healthy ecosystems. One non-European example is overfishing in Mexico that threatened a fishing community and their local marine life...

Full article: http://www.care2.com/greenliving/13-trillion-lost-from-en...

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