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WWF: Environmental degradation on course to cost global economy £8tr

Business Green

The prospective UK economic losses match the current combined annual funding for the police, fire service, prisons, and law courts, with the main economic costs stemming from the loss of natural coastal protection services leading to flooding and erosion, alongside the accelerated decline of global fish stocks harming the fishing industry.

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A deforestation roadmap that leaves a lot to be desired

Business Green

And if traders are going for zero illegal deforestation instead of zero gross deforestation (including legal and illegal), then the roadmap isn't more than just reiterating national laws. In my eyes, that certainly doesn't merit a big COP announcement. The roadmap's definitions also bring up a geography question.