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Contrary to the notion that overexploitation is an exclusively contemporary issue, the phenomenon has been documented for millennia and is not limited to human activities alone. Historical evidence reveals that various cultures and societies have engaged in practices leading to the overuse of natural resources, sometimes with drastic consequences.
Economic gains from natural resources are mostly beneficial when directed towards initiatives such as job creation, skill enhancement, capacity building, and pursuit of long-term developmental objectives. Thus, reliance on one or more natural resources holds financial risk when aiming for a stable economic growth. [28]
One of the main consequences of extractivism is the toll that it takes on the natural environment. Due to the scale extraction takes place on; several renewable resources are becoming non-renewable. [3] This means that the environment is incapable of renewing its resources as quickly as the rate they are extracted at. [3]
World leaders are meeting in Paris this month in what amounts to a last-ditch effort to avert the worst ravages of climate change. Climatologists now say that the best case scenario — assuming immediate and dramatic emissions curbs — is that planetary surface temperatures will increase by at least 2 degrees Celsius in the coming decades.
The depletion of resources has been an issue since the beginning of the 19th century amidst the First Industrial Revolution.The extraction of both renewable and non-renewable resources increased drastically, much further than thought possible pre-industrialization, due to the technological advancements and economic development that lead to an increased demand for natural resources.
When natural habitats are destroyed or natural resources are depleted, the environment is degraded; direct environmental degradation, such as deforestation, which is readily visible; this can be caused by more indirect process, such as the build up of plastic pollution over time or the buildup of greenhouse gases that causes tipping points in ...
World Bank Projects Leave Trail of Misery Around Globe. Evicted & Abandoned. Inside The World Bank’s Broken Promise To Protect The Poor. Ethiopia. New Evidence Ties World Bank to Human Rights Abuses in Ethiopia. Peru. How The World Bank Is Financing Environmental Destruction. India. A Power Plant Backed By The World Bank Group Threatens A Way ...
The World Scientists' Warning to Humanity in 1992 begins with: "Human beings and the natural world are on a collision course". About 1,700 of the world's leading scientists, including most Nobel Prize laureates in the sciences, signed this warning letter. The letter mentions severe damage to the atmosphere, oceans, ecosystems, soil productivity ...