G8 to gauge cost of species loss from climate change

on

The ministers conducted deliberations during a two-day meeting in the eastern German city of Potsdam. Also in attendance were ministers from Brazil, China, India, Mexico and South Africa.

Germany’s environment minister said 150 species were lost to extinction every day, and that loss of plant and animal species was an economic disaster fuelling poverty in many areas.

The Stern report estimated that climate change could cost between 5% and 20% of annual gross domestic product.

Related Posts

on
Marc Andreessen, Ben Horowitz, and Greg Brockman are among the Silicon Valley megadonors reportedly linked to a campaign to influence voters in a state at the heart of the data center boom.
on
As more than a billion gallons of oil and gas wastewater flood beneath Ohio, pollution concerns reach its heated governor’s race.
on
The agency is loosening methane rules while keeping its authority to regulate them. Critics say the stance leaves federal climate law in limbo, inviting a bigger rollback later.
on
Lord Agnew and Paul Marshall, who also owns The Spectator, are shareholders in Equinor and Shell.