Environmental Challenges: Biodiversity
Biodiversity, the variability among living organisms from all sources including, inter alia, terrestrial, marine and other aquatic ecosystems and the ecological complexes of which they are part; this includes diversity within species, between species and of ecosystems.1 Since the 1970s, biodiversity has declined sharply. This trend is worrying because biodiversity provides the foundation for life on Earth: it is estimated that $44 trillion of economic value generation, over half of the world’s GDP, is dependent on biodiversity.2 As such, in our opinion the need for a shift in our action is becoming increasingly clear.
Some natural causes can explain the disappearance of species or natural environments, but the current rate of erosion is largely attributable to human activities.
The main causes of biodiversity
Biodiversity is important for the survival of all species. Species depend on each other to survive, and when one species disappears, the species that depend on it may also disappear.
Biodiversity is necessary for?
Plastic pollution continues to be a significant threat
Plastic pollution has become one of the most pressing environmental issues, as rapidly increasing production of disposable plastic products overwhelms the world’s ability to deal with them.
Marine plastic pollution in particular has increased tenfold since 1980, affecting at least 267 species.3
1M lives annually
Over 1 million marine animals (including mammals, fish, turtles and birds) are killed each year due to plastic debris in the ocean.4
11 km deep
1-5% decline in marine ecosystem services equates to an annual loss of $500-$200bn in the value of benefits derived from Marine ecosystem services.5
1 Biodiversity (nationalgeographic.org)
2 Biodiversity: our solutions are in nature (unep.org)
Unless otherwise stated, all information contained in this document is from Amundi Asset Management S.A.S. and is as of May 2023. Diversification does not guarantee a profit or protect against a loss. The views expressed regarding market and economic trends are those of the author and not necessarily Amundi Asset Management S.A.S. and are subject to change at any time based on market and other conditions, and there can be no assurance that countries, markets or sectors will perform as expected. These views should not be relied upon as investment advice, a security recommendation, or as an indication of trading for any Amundi product. This material does not constitute an offer or solicitation to buy or sell any security, fund units or services. Investment involves risks, including market, political, liquidity and currency risks. Past performance is not a guarantee or indicative of future results.
Date of first use: May 2023
Doc ID: 2840698