India, Feb. 12 -- However, annual global GDP will be 0.02 % higher by 2050 if conservation of nature is done

The world economy will suffer a total cumulative loss of $10 trillion by 2050 unless humanity reverses destruction of nature, a report released on February 12, 2020, has said.

However, annual global Gross Domestic Product (GDP) will be 0.02 per cent higher by 2050 if the world adopted a more sustainable model of living, the report said.

Titled Global Futures: Assessing The Global Economic Impacts of Environmental Change To Support Policy-Making , the report has been prepared jointly by the World Wide Fund for Nature, The Global Trade Analysis Project and the Natural Capital Project.

Nature provided humanity with key 'ecosystem ...