This blog may help people explore some of the 'hidden' issues involved in certain media treatments of environmental and scientific issues. Using personal digital images, it's also intended to emphasise seasonal (and other) changes in natural history of the Swansea (South Wales) area. The material should help participants in field-based modules and people generally interested in the natural world. The views are wholly those of the author.
Monday, 12 October 2020
Insurance for the Future?
It's coming to something, when it takes a large insurance company, to point out that 50% (£32tn) of the World's gross domestic product (GDP) depends on biodiversity and functioning ecological systems. Swiss Re have produced an Index of Risk to Biodiversity and Ecosystem Services (https://www.theguardian.com/environment/2020/oct/12/fifth-of-nations-at-risk-of-ecosystem-collapse-analysis-finds). They feel that the countries most at risk of financially-damaging ecological collapse are Australia, Israel and South Africa but Belgium India and Spain also get special mentions. Even countries with lots of intact ecosystems (such as Brazil and Indonesia), appear very dependent on 'their' natural resources. One thing is clear and it's that continuous economic growth for the whole planet is a) impossible (even if politicians constantly promise this) and b) depends on keeping ecological systems intact. The economic consequences of failing to preserve biodiversity and functioning ecosystems, could easily dwarf the substantial damage done to GDPs by the Covid-19 pandemic.
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