Financial markets are significantly underestimating the economic impact of biodiversity loss, potentially leaving countries exposed to sovereign debt crises and rising borrowing costs, according to new research published on Friday.
A fresh international effort to safeguard the Caspian Sea has received a significant boost after the World Bank approved funding for a wide-ranging environmental programme aimed at reversing years of ecological damage.
Kazakhstan says it has allocated $2.2 million to strengthen scientific monitoring of the Caspian Sea amid growing concern over falling water levels, biodiversity loss and rising industrial pressure on the world’s largest inland body of water.
A "doomsday" vault storing food crop seeds from around the world in man-made caves on a remote Norwegian Arctic island will receive more than 14,000 new samples on Tuesday, a custodian of the facility said.
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