Dear John,
Today, Ceres released a new report based on a first-of-its-kind analysis that highlights the economic imperative of nature action by companies and their investors.
Ceres’ analysis, published in Nature's Price Tag: The Economic Cost of Nature loss, shows the primary drivers of nature loss have the potential to cost eight major sectors up to $430 billion per year, globally. This represents a cumulative loss of $2.15 trillion
over the next five years if left unchecked.
In fact, the analysis—conducted in partnership with Cambridge Econometrics—finds harming nature could cost individual sectors hundreds of billions of dollars each year, with the food sector facing the steepest annual price tag at $253 billion. And these estimates are conservative—covering direct business operations and not most supply chain risks. | | | |
Notably, the analysis also reveals that the impacts of climate change could cause the greatest economic repercussions across sectors by degrading critical ecosystem services, which businesses depend on. This underscores the need for companies and financial institutions to adopt strategies that fully reflect the interconnection between climate and nature risks.
To avoid escalating financial tolls caused by damage to natural ecosystems, the private sector must transition away from activities that contribute to nature’s decline and toward ones that support its resilience.
Ceres is committed to working with companies and investors on their nature action journeys in support of a more prosperous economy and healthier planet for all. |
| | | Carolyn Ching Director of Research, Food and Forests Ceres | | | Ceres is a nonprofit advocacy organization working to accelerate the transition to a cleaner, more just, and resilient world.
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| | | Ceres is proud to receive these accolades as a reflection of our effectiveness, integrity and impact. | | | | |