UN Experts Warn Of Economic Cost Of Species Loss
Mankind is causing 50 billion euros ($78 billion) of damage to the planet's land areas every year, making it imperative governments act to save plants and animals, a Deutsche Bank official told a UN conference. A study, presented to delegates from 191 countries in the UN's Convention on Biological Diversity on Thursday, said recent pressure on commodity and food prices highlighted the effects of the loss of biodiversity to society.