Biodiversity loss costs 6 % of global GDP every year

To achieve net zero huge investments will be required, especially in the energy sector and related infrastructure, which is estimated to double by 2030 and lead to an exponential increase in electricity production from $500 to $160 trillion. But although this type of approach is important in the fight against climate change, it can also mean significant risks for biodiversity, the effects of which are already evident: the decline in the functionality of ecosystems costs the global economy more than 5,000 billion. dollars per year. This means that the world economy is losing ecosystem services worth about 6 % of global GDP each year, an amount roughly equal to the total market value of agricultural, forestry and fisheries production in 2019. (BCG and Quantis reports, more at esgnews.it)