Author: Eco Rise Daily Team

Aerial view of deforestation transition zone showing pristine forest meeting cleared land with exposed soil, morning mist rising from remaining trees, photorealistic satellite perspective
Ecosystem

Environmental Degradation: An Economist’s Viewpoint

Environmental degradation represents systematic market failure where natural capital depletes faster than regeneration. From an economist's perspective, unpriced ecosystem services drive unsustainable resource extraction, costing developing nations 7% of GDP annually. Market-based solutions and natural capital accounting offer pathways toward economically rational environmental protection.