“It’s difficult for many people to conceptualize the true value of nature and the many benefits it provides to humanity,” said Rebecca Shaw, chief scientist, WWF-US. “This groundbreaking report translates nature loss into country-specific economic terms—a tangible and powerful way to galvanize action from private sector leaders and government officials.”
The Global Futures study predicts a global deficit in specific forms of nature loss but does not include all the different ways in which environmental degradation will affect global economies by 2050 including:
- $327 billion from damaged protections from flooding, storm surges and erosion due to changes in vegetation along coastlines and sea-level rises
- $128 billion from loss of carbon storage which protects against climate change
- $15 billion from lost habitats for bees and other pollinating insects
- $19 billion from reduced water availability for agriculture
- $7.5 billion from lost forests and forest ecosystem services
Right now, our planet is facing major conservation challenges from threats like climate change, deforestation, overfishing, and illegal wildlife trade. You can help. Sign on to pledge to protect our planet.