Humanity exceeded Earth’s resource budget for the year on Thursday

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HUMANITY exhausted its natural resources for the year on Thursday, July 28, reports the Global Footprint Network.

Earth Overshoot Day – the day when humans have exhausted all the biological resources that mother nature is able to regenerate in a year – occurred this year one day earlier than last year. Our production and consumption habits have thus continued to exert pressure on the planet that is approximately 1.75 times greater than the capacity for regeneration.

Earth Overshoot Day is calculated annually for each country based on approximately 15,000 data points. The data is provided by the United Nations.

The Finns exhausted all their natural resources for this year on March 31, a few days after the Danes and Belgians but a few days before the Koreans and Swedes.

Qatar and Luxembourg were the first two countries to deplete their resources for the year, doing so on February 10 and 14 respectively. In contrast, residents of Indonesia, Ecuador, and Jamaica are not expected to use their resources for the year until December.

“Earth Overshoot Day demonstrates that the current production system is not compatible with the intention to continue inhabiting this planet,” said the Ecuadorian Minister of Environment, Water and Ecological Transition. Gustave Manrique commented at a special event marking the dubious milestone in Quito, Ecuador.

“To better protect our natural resources and manage our demand for them, it is necessary to take concrete joint actions aimed at a new development model based on sustainability and regeneration.

YLE wrote on Thursday that the main reasons for the continued overconsumption of natural resources are energy production, transport and food production.

The exploitation of natural resources creates problems, especially in developing countries which produce raw materials for the most advanced. South America, for example, has continued to cut down forests to produce soybeans which are widely used as animal feed, threatening the existence of dozens of species. Southeast Asia’s rainforests, in turn, are being cut down to increase palm oil production.

Aleksi Teivainen – HT

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