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“Urgent remedial action is essential because
species loss and ecosystem degradation are
inextricably linked to human well-being,” said
Pavan Sukhdev, a banker at Deutsche Bank and the
main author of the report.
“This is crunch time,” said WWF Director General
Jim Leape. “We’re gathered here under urgent
circumstances.”
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REUTERS
May 29, 2008
U.N. experts warn of economic cost of species loss
By Madeline Chambers
BONN, Germany (Reuters) – Mankind is causing 50
billion euros ($78 billion) of damage to the
planet’s land areas every year, making it
imperative governments act to save plants and
animals, a Deutsche Bank official told a U.N.
conference.
A study, presented to delegates from 191
countries in the U.N.’s Convention on Biological
Diversity on Thursday, said recent pressure on
commodity and food prices highlighted the effects
of the loss of biodiversity to society.