Science & Tech · Science & Environment · 2 hrs ago

Nature loss could put 140 million European jobs at risk

Nature loss could put 140 million European jobs at risk

A Global Canopy analysis presented during the UN biodiversity conference in Armenia says nature loss could put 140 million European jobs at risk.

The jobs may be affected through reduced hours or wages, changes to workers’ duties or supply-chain problems.

In the UK, 20.6 million jobs are potentially at risk, while the estimates are 21.8 million in Germany and 16.3 million in France.

The analysis says €3.5 trillion in exports from the UK, EU and Switzerland could face disruption each year.

It also estimates that nature loss could reduce the availability of €8.2 trillion in goods and services annually, which could make some products harder to produce and more expensive to buy.

The findings highlight how economies depend on nature, and Global Canopy says governments, central banks and businesses should protect and restore it to strengthen economic resilience.

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What people are saying

Dr Claudia GrayGlobal Canopy’s nature-related finance director
the vast number of livelihoods that could be disrupted given the huge dependence of national economies on the infrastructure that nature provides.
via edie
People worry about their jobs and living standards being affected by AI and global conflict. But how nature loss threatens employment, wages and supply chains deserves attention.
via edie