Report finds unpriced natural capital costs amount to $7.3 trillion

Knowledge news

A new TEEB for Business Coalition report estimates in monetary terms the financial risk from unpriced natural capital inputs into production processes, across business sectors. The primary production and processing sectors analyzed in the study are estimated to have unpriced natural capital costs totaling $7.3 trillion, or 13% of global economic output in 2009. While many of these natural capital costs are found in the developing world, the resulting goods and services are being consumed around the world through resource intensive supply chains.