Resource extraction has major role in climate change and biodiversity loss: report

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Resource extraction is responsible for more than 80% of global biodiversity loss and half of the total emissions, says a new comprehensive study.

While the global population has doubled since the 1970s, the rate of resource extraction has tripled since then, points out Global Resources Outlook, a report by the UN Environment.

The rate of consumption of materials across the globe is increasing at 3.2%. Each year the consumption is about 92 billion tonnes.

The fossil fuel extraction increased from 6bn tonnes to 15bn tonnes since the 1970s and that of metals rose by 2.7% a year.

Since the 2000s, resource extraction has become more expensive and environmental impacts are becoming more visible, the study said.

“We have moved into a world where natural resources and environmental impacts have become the limiting factor of production and shifts are required to focus on resource productivity,” says the study.

Just the extraction of minerals accounted for 53% of global emissions, the report said.

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