Half of the world’s GDP at risk due to environmental degradation

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Half of the world’s GDP at risk due to environmental degradation

Saturday, 12 October 2024 | Rajeev Aacharya

The conservation and restoration of depleted forests are essential steps to combat climate change

Climate change has become an important challenge for the whole world. Conservation and restoration of depleted forests can become a necessary step to deal with this challenge.

Regarding this, many companies around the world have pledged to plant over 12 billion trees in the next seven years. The report published by the World Economic Forum on Nature and Biodiversity on January 18, 2024, clarifies that half of the world's GDP, i.e. about $44 trillion, is in danger. Which is due to the loss of nature.

To save it, more than 100 companies have pledged to conserve, restore and plant new trees of over 12 billion

 

 

trees in more than 100 countries. This report states that companies around the world are working together through the World Economic Forum's 1t.org initiative.

It aims to support the global movement to protect over 12 billion trees by 2030. In January 2024, 1t.org welcomed this resolution by five new companies Bharat Heavy Electricals (BHEL), Burberry China, Go To Group, RPG Enterprises and Vale. Member companies of 1t.org are committed to implementing the goal in line with the Paris Agreement to save trees and reduce carbon emissions.  Tree conservation is not only important for environmental sustainability, but it is also a part of our cultural and religious heritage. Trees learn from each other. That research was published on May 28, 2024 in the Current Forestry Reports magazine of Springer Nature, America.

This research is based on the topic that how trees planted in agro-forestry and urban forestry can learn from each other and flourish. According to the research, both systems can be seen as natural solutions. Both systems also have similarities in ownership and management responsibilities. For example, most of the agricultural land in the Global North is privately owned, just as a large part of the green cover is seen in cities. 

Increasing the density of trees improves air quality. The Indian Institute of Science (IISc), Bangalore conducted a study in 2023 on the role of trees in the urban environment. This study was mainly done in urban areas of Bangalore. It was found that trees in urban areas play an important role in improving air quality as well as controlling temperature.

In this research, it was told that the higher the density of trees, the greater the increase in air quality and the effect of heat can also be reduced. This study also found that the mental and physical health of people living in green areas improves. The density of trees prevents soil erosion.

A study conducted by the University of Sydney, Australia, says that dense cover of trees can control the flow of water and help prevent soil erosion. This study also stated that the conservation of trees helps in reducing the effects of climate change. All these studies confirm how important the conservation of trees is for our future. In Indian culture, importance has been given to the conservation of trees since the beginning. According to Matasya Purana, "Dashakoopasama Vaapi, Dashavaapisamo Hradah. Dashahradasamo Putro, Dashputrasamo Drumah." That is, one tree is equal to ten sons. Similarly, it is said in Vishnu Purana that the person who plants a tree earns virtue not only in his life but also for the coming generations.

Planting and caring for trees has been described as an important religious and social work in Indian scriptures. At present, planting trees is not only to save lives but also to save the earth. Let us take resolve to conserve nature. Each one of us must take a pledge to plant at least 5 trees, only then this disaster of global warming can be dealt with.

(The writer is an environmentalist; views are personal)

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