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The Guardian - UK
The Guardian - UK
Environment
Patrick Greenfield

Businesses must take responsibility for biodiversity loss – for their sake as much as ours

A state-owned coal fired power plant in Guizhou province, southern China.
A state-owned coal fired power plant in Guizhou province, southern China. Photograph: Kevin Frayer/Getty Images

It feels like groundhog day: another week, another warning about the seriousness of the biodiversity crisis. This time it was the financial sector’s turn, as on Monday a major report, approved by more than 150 governments, said that many companies face collapse unless they better protect nature.

From healthy rivers to productive forests, the natural world underpins almost all economic activity. But human consumption of the Earth’s resources is unsustainable, driving what many scientists believe is the largest loss of life since the dinosaurs. And companies are not immune to the consequences.

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