Ahead of its 50th Annual Meeting in Davos, the World Economic Forum released “Nature Risk Rising Report 2020”.
- As per the report, nature loss is a planetary emergency. Humanity has already wiped out 83% of wild mammals and half of all plants and severely altered three-quarters of ice-free land and two-thirds of marine environments.
- The report says that 1 million species are at risk of extinction in the coming decades – a rate tens to hundreds of times higher than the average over the past 10 million years.
Features of report
- The World Economic Forum’s 2020 Global Risks Report ranks biodiversity loss and ecosystem collapse as one of the top five threats humanity will face in the next ten years.
- Human societies and economies rely on biodiversity in fundamental ways. Our research shows that $44 trillion of economic value generation – over half the world’s total GDP – is moderately or highly dependent on nature and its services. Nature loss matters for most businesses – through impacts on operations, supply chains, and markets.
- Despite an increasing focus on nature loss, there is still a limited understanding of why it matters to businesses and what the private sector can practically do about it.
