Saving Nature Will Require Billions
Reducing the risk of extinction for threatened species and establishing protected areas for nature will cost the world over $76 billion annually. Researchers say it is needed to meet globally agreed conservation targets by 2020. The scientists say the daunting number is just a fifth of what the world spends on soft drinks annually. And it amounts to just 1% of the value of ecosystems being lost every year, they report in the journal Science.
Back in 2002, governments around the world agreed that they would achieve a significant reduction in biodiversity loss by 2010. But the deadline came and went and the rate of loss increased.