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Ignoring natural capital could see countries' credit ratings downgraded

Ignoring natural capital could see countries' credit ratings downgraded | Sustain Our Earth | Scoop.it

"A report by the UN Environment Programme's Finance Initiative (UNEP FI) says loss of soils, forests, and fisheries, as well as rising resource costs, are likely to become increasingly important to a nation's economic health – and may therefore affect its ability to repay or refinance sovereign debt."

 

This excellent report makes the link between the world's financial debt crisis and the global ecological debt crisis. The debate on austerity gets a completely different dimension if you look at this double challenge.


Via Willy De Backer
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Rescooped by SustainOurEarth from Science News
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[AWESOME VIDEO] The Earth as You've Never Seen it Before: Atmosphere, Airglow and Aurora

A truly powerful image generates questions. The incredible night photos and time-lapse movies NASA has been sharing with us provoke questions about our planet.

 

Awesome movie! 

 


Via Patrice AFRIAT, gdecugis, Sakis Koukouvis
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