WWF: Environmental degradation on course to cost global economy £8tr

clock • 3 min read

Key impacts include loss of natural coastal and flooding protection, disappearance of natural carbon storage sinks, and steep rises in prices of key commodities

Rising food prices, droughts, commodity shortages, extreme flooding, and coastal erosion will ravage economies around the world if action is not taken to confront the multiple environmental crises facing...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

Author spotlight

Toby Hill

View profile
More from Toby Hill

'Indispensible': Can the carbon offset market bolster its credibility?

Sadiq Khan pledges 170,000 London green jobs in mayoral re-election pitch

More on Biodiversity

How the UK's protected landscapes can help bolster business resilience
Biodiversity

How the UK's protected landscapes can help bolster business resilience

Partnerships between land custodians and the private sector can provide credible routes for investment in nature recovery, write National Parks Partnership CEO Catherine Hawkins and National Landscapes Association CEO John Watkins

Catherine Hawkins, National Parks Partnerships, and John Watkins, National Landscapes Association
clock 18 February 2026 • 6 min read
How Ponda is using wetland restoration to create biomaterials for clothing
Biodiversity

How Ponda is using wetland restoration to create biomaterials for clothing

Julian Ellis-Brown, co-founder and CEO of Ponda, explains how climate innovation sits at the intersection of science, policy, and commercial reality, and why progress depends on aligning those forces

Stuart Stone
Stuart Stone
clock 16 February 2026 • 5 min read
Businesses urged to align decision-making with 'environmental reality'
Biodiversity

Businesses urged to align decision-making with 'environmental reality'

Business leaders face calls to respond to escalating nature-related risks revealed by landmark report from the Intergovernmental Platform on Biodiversity and Ecosystem Services

Stuart Stone
Stuart Stone
clock 10 February 2026 • 4 min read