Nature degradation could cause a 12% loss to UK GDP

Coronavirus

New research has found that damage to the natural environment is slowing the UK economy, and could lead to an estimated 12% reduction to GDP in the years ahead - larger than the hit to GDP from the global financial crisis or Covid-19. The first-of-its-kind analysis quantifies the impact that nature degradation, both domestically and internationally, could have on the UK’s economy and financial sector, and highlights that these risks need to be acknowledged and addressed to strengthen the UK’s

Nature degradation could cause a 12% loss to UK GDP https://www.ox.ac.uk/ - 29.04.2024 18:41

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Nature degradation could cause a 12% loss to UK GDP https://www.ox.ac.uk/ - 29.04.2024 18:41