(Reuters Breakingviews) - U.S. hedge-fund boss Ray Dalio is one capitalist who f...
Steam billows from a stack at the U.S. Steel Canada plant, formerly Stelco, in Hamilton, March 4, 2009. REUTERS/ Mike Cassese
A million animal and plant species out of an estimated 8 million are at risk of extinction, according to the Intergovernmental Science-Policy Platform on Biodiversity and Ecosystem Services, which involves more than 130 countries. The causes include overexploitation of land and freshwater resources, the degradation of land productivity, the loss of forests and overfishing, among others.
Humankind has benefited, overall. Despite increasing numbers, the proportion of people living in extreme poverty on less than $1.90 a day is now below 10 percent, the World Bank reckons. That’s down from more than a third in 1990. But the IPBES makes clear that time is running out for the environment. Required policy changes will, the authors say, meet resistance from vested interests.
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