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Climate Stories

Eroding cliffs along the shoreline of Bristol Bay near the former village of Meshik. The village was completed relocated several miles inland due to coastal erosion in Port Heiden, Alaska, United States.

US set to have the highest economic loss due to nature loss

In a first-of-its-kind study, the Global Futures Report calculates the economic cost of nature’s decline across 140 countries using a new economic and environmental modeling technique to assess what the macroeconomic impact would be if the world didn’t act now to protect the planet. The United States will see the losses of annual Gross Domestic Product (GDP) totaling $83 billion taken from its economy each year by 2050 if the world doesn’t act urgently to address the global environmental crisis.