Thursday, 23 June 2022

Loss of nature is pushing nations toward sovereign credit downgrades and 'bankruptcy'

The world's first biodiversity-adjusted sovereign credit ratings shows how ecological destruction affects public finances—driving downgrades, debt crises and soaring borrowing costs, according to a team of economists led by Cambridge University.

source https://www.lifetechnology.com/blogs/life-technology-science-news/loss-of-nature-is-pushing-nations-toward-sovereign-credit-downgrades-and-bankruptcy