REUTERS • July 8, 2020
With Earth’s wildlife now facing an extinction crisis, a group of economists and scientists is hoping to persuade governments that it pays to protect nature. Specifically, expanding areas under conservation could yield a return of at least $5 for every $1 spent just by giving nature more room to thrive. That in turn would boost agricultural and forestry yields, improve freshwater supplies, preserve wildlife and help fight climate change – all of which would boost global economic output on average by about $250 billion annually, the group of more than 100 researchers argues in a paper published Wednesday.