3.2.4 Ecosystem service losses

Fifteen of the 24 direct and indirect ecosystem services that support and enhance human well-being assessed as part of the Millennium Ecosystem Assessment (2005) are being degraded or used unsustainably. The erosion of these ecosystem services dramatically reduces the planet’s natural capital, impacting human wellbeing and the long-term viability of goods and services we derive from the environment.

The Economics of Ecosystems and Biodiversity (TEEB) report stated that ecosystem services losses from deforestation in China alone cost the global economy USD 12 billion per annum between 1950 and 1998. These losses were tallied across several dimensions, including the cost of lost climate and water regulation potential, the depletion of timber and fuel resources, losses of agricultural productivity, and the costs of lost nutrient cycling and flood prevention potential.

%d bloggers like this: