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There is growing proof that our collective impact on the surroundings has surpassed a number of critical thresholds. Human-induced demands on ecosystem companies significantly outstrip nature’s capacity to produce and threaten their continued provision. And as a end result of environmental degradation often follows a nonlinear pattern—compounding, reaching tipping points, and generally resulting in rapid ecological collapse—continual nature loss could have extreme and sudden impacts on the economic system, and therefore on the financial system. This is exacerbated by the reality that, in contrast to the case of low-carbon alternate options to fossil fuels, few human-made substitutes for ecosystem companies exist. Moreover, science is offering clear proof that climate change and nature loss are deeply interconnected and mutually reinforcing. As a outcome, we won’t be able to meet world local weather targets with out assembly international nature targets, and vice versa.
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