Natural capital at risk: the top 100 externalities of business

Natural capital at risk: the top 100 externalities of business

A new report by the TEEB for Business Coalition estimates the global top 100 environmental externalities are costing the economy world-wide around US$4.7 trillion a year in terms of the economic costs of GHG emissions, loss of natural resources, loss of nature-based services, climate change & air pollution-related health costs.

A new report by the TEEB for Business Coalition estimates the global top 100 environmental externalities are costing the economy world-wide around US$4.7 trillion a year in terms of the economic costs of greenhouse gas emissions, loss of natural resources, loss of nature-based services such as carbon storage by forests, climate change and air pollution-related health costs. The report, "Natural Capital at Risk - The Top 100 Externalities of Business", was released during the Business for the Environment summit in New Delhi. The report, authored by Trucost, identifies financial risk from environmental externalities e.g. damages from climate change, pollution, land conversion and depletion of natural resources, across business sectors at a regional level. It demonstrates that high impact business sectors make an economic loss when the costs of environmental damage such as their natural resource use and pollution costs are accounted for. However, businesses and investors can take account of natural capital impacts in decision making to manage risk and gain competitive advantage.

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