UK Faces 12% GDP Loss from Nature Degradation by 2030s, Analysis Warns

New research highlights the severe economic risks of ongoing environmental degradation, surpassing previous crises.

The Green Finance Institute's analysis projects a potential 12% reduction in UK GDP due to nature degradation by the 2030s.
Comparative historical impacts show this potential loss exceeds the economic damage from the 2008 financial crisis and the COVID-19 pandemic.
Experts emphasize the urgent need for integrating nature-related risks into financial and corporate decision-making.
Government and financial sectors urged to enhance nature conservation efforts to mitigate economic and ecological risks.
The analysis also shows significant nature-related financial risks to sectors like agriculture and utilities, affecting food production and energy costs.