World Environment Day 2021 Unseasonal rains, weather moves like a puzzle and the effects of epidemics, all these strings come together at one point, that is climate change. Despite the dependence on the environment and nature for every small and big need, countries around the world ignore the steps of environmental protection the most. The way the Corona pandemic brought all the concepts of development to a halt and put a halt to the fast-running world, it is actually a warning that people should calm down.
However, the ‘State of Finance for Nature’ reports by the United Nations Environment Program (UNEP), World Economic Forum and The Economics of Land Degradation tell a different story. UNEP Executive Director Inger Andersen said that the pandemic gave us the opportunity to move from ‘build back as-usual to ‘build back better, but in different countries. Haven’t learned any lessons. This habit of not learning the lesson is a threat to the entire humanity. The report emphasizes the need to increase spending on various measures for afforestation, pollution control and environmental protection. Insurance firm Swiss RE said in its report last year that one in five country’s ecosystem is on the verge of complete destruction due to the way natural resources are being exploited. Australia, Israel and South Africa are most at risk.
World Environment Day 2021 According to a report by UNEP and Oxford University, the world’s 50 largest economies provided a relief package of $ 14.6 trillion during the epidemic. Out of this huge package, only $368 billion (2.5 percent) was spent on such activities, which are helpful towards environmental protection. There is also a considerable aspect in the expenditure towards environmental protection that the contribution of the private sector is very less. It definitely needs to be increased.
The report also mentioned that the world’s economy is largely dependent on the environment, but people are not ready to understand. This ignorance is taking a toll on the whole world. More than half of the global GDP is more or less dependent on nature. In this, agriculture, food and beverages and construction are sectors that are largely dependent on nature and add eight trillion dollars to the global economy.
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