Economic Factors Underlying Biodiversity Loss with Partha Dasgupta, Simon Levin, and Georg Kell

Global efforts to increase GDP have ignored the risk of environmental degradation through climate change and biodiversity loss. 

Global stakeholders are increasingly recognizing the critical importance of advancing sustainability efforts and mitigating climate change effects. Governments and stakeholders must arrest the damage to natural biodiversity. Economic activity since the Industrial Age has caused serious environmental degradation – in particular the loss of species, ecosystems and natural resources. Throughout history, economic development has not recognized, nor assessed, its negative impact on the environment. Economists have long used one measuring stick of progress: the growth of gross domestic product – GDP. 

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