150 Countries Warn Economic Growth Obsession Is Destroying Nature and Biodiversity
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2mo ago· 3 min readenNews
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Summary
A report signed by 150 countries including China, India, and EU nations warns that the global obsession with economic growth is destroying nature and driving biodiversity loss. The report criticizes prevailing measures of economic success like GDP, arguing they fail to account for environmental damage. It highlights that one-eighth of the world's estimated 8 million species are threatened with extinction, and calls for a shift toward sustainable development models that value natural capital alongside economic metrics.
Key quotes
· 3 pulledChina, India and EU countries were among the signatories of a report that criticized the prevailing measures of economic success.
One eighth of the world's estimated 8 million species of plants and animals are threatened with extinction, according to IPBES.
The obsession with growth is destroying nature, 150 countries warn
China, India and EU countries were among the signatories of a report that criticized the prevailing measures of economic success.
