Action to protect our environment is an investment for our future. As environmental degradation accelerates, even a partial collapse of our ecosystem would result in a 2.3% reduction in global GDP by 2030. The impact would be even greater for low-income countries, with real GDP expected to contract 10% annually during the same period.

Beyond the economic implications, there are social costs, which drive the true impact much higher. Effectively tackling climate issues requires co-ordination on a global scale. Having effective incentive structures and accountability mechanisms available will help to bring global co-operative efforts to fruition.