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Annual cost of global environmental damage? 11% of world GDP. And investors need to sort it out.
November 3, 2010
Ever wondered how much global environmental damage is caused by human activity? A new study puts it at 11% of global GDP ($6.6 trillion), a third of it caused by the world’s 3,000 largest companies. The study was commissioned by two UN-backed initiatives, Principles for Responsible Investment and the UNEP Finance Initiative with a clear purpose in mind. They are trying
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