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Topic: WWF International Director-General James Leape

WWF Living Planet analysis shows looming ecological credit crunch

December 3, 2008 | Print This Post

 

In her periodic newsletter and update, Goddard College Professor Catherine Lowther circulates items of interest on environmental issues. With her permission, we pass these items to our readers.

Gland, Switzerland: The world is heading for an ecological credit crunch as human demands on the world’s natural capital reach nearly a third more than earth can sustain.

That is the stark warning contained in the latest edition of WWF’s Living Planet Report, the leading statement of the planet’s health. In addition global natural wealth and diversity continues to decline, and more and more countries are slipping into a state of permanent or seasonal water stress.

“The world is currently struggling with the consequences of over-valuing its financial assets,” said WWF International Director-General James Leape, “but a more fundamental crisis looms ahead — an ecological credit crunch caused by under-valuing the environmental assets that are the basis of all life and prosperity.” «Read the rest of this article»

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