Ecosystem

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.

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