It is estimated that if global rates of deforestation and biodiversity loss continue at their current trajectory, the resulting degradation of ecosystem services could reduce global food production by 12% by 2050. Furthermore, if key planetary tipping points are crossed, global real GDP is projected to decline by up to 20% by the year 2100.
Evaluate the potential trade-offs between policies designed to achieve environmental sustainability and the pursuit of other macroeconomic objectives.
