- Key Points of the Report:
- Interconnected Crises: The report highlights how biodiversity loss, water insecurity, food insecurity, health risks, and climate change are deeply interconnected and cannot be tackled in isolation.
- Response Options: It assesses over 70 response options to address these interlinked challenges, aiming to maximize co-benefits across the five nexus elements.
- Economic Impact: The unaccounted-for costs of current approaches are estimated to be at least $10-25 trillion per year.
- Global Commitments: The report emphasizes the importance of meeting global commitments like the Paris Agreement, the Global Biodiversity Framework, and the UN Sustainable Development Goals.
- Disproportionate Impacts: It highlights the disproportionate impacts on low- and middle-income countries, socioeconomically disadvantaged people in higher-income countries, and Indigenous Peoples.
Question:
1 According to the IPBES Nexus Assessment Report, what is the estimated annual economic cost of unaccounted-for current approaches to biodiversity loss, water insecurity, food insecurity, health risks, and climate change?
- A) $1-5 trillion
- B) $5-10 trillion
- C) $10-25 trillion
- D) Over $50 trillion