(the nef e-letter) 27 September marked Ecological Debt Day, the point at which humanity exhausted nature’s global budget for 2011. For the rest of the year, the world’s natural resources will shrink, while waste – primarily CO2 – continues to accumulate.
This growing ecological deficit adversely impacts on biodiversity around the globe as ecosystems are steadily overwhelmed. Despite this, and the recent economic downturn, humanity’s demand for resources has continued to increase. An annual debt milestone highlights the urgency of finding an alternative, sustainable economic system.
Ecological Debt Day is a concept devised by nef, with data also provided by Global Footprint Network.