AAN Editors

17 September, 2015

Land degradation costs the world up to $10.6tn a year, report says

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Land degradation is costing the world as much as $10.6tn every year, equivalent to 17% of global gross domestic product, a report has warned.

More than half of the world’s arable land is moderately or severely degraded, according to a report published on Tuesday by the Economics of Land Degradation (ELD) Initiative (pdf). The report estimates the cost of this environmental destruction.

Furthermore, decreased vegetation cover and increased soil erosion also means that land is less able to store carbon, contributing to climate change. Land use changes represent the second biggest source of greenhouse gas emissions after fossil fuel combustion, the study says.

If sustainable land management was rolled out around the world, as much as $75.6tn could be added to the global economy every year through jobs and increased agricultural output.

The Guardian has more on the new research and it’s implications.

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