The costs of conservation actions are rarely reported, making it difficult to decide on the best ways to protect and restore nature, a new study shows. It looked at nearly 2,000 peer-reviewed papers on wildlife conservation action and found that only 13.3% reported costs, and only 8.8% reported total costs.
The global economic crisis triggered by the outbreak of the COVID pandemic in 2020 and Russia’s invasion of Ukraine in February this year has intensified the risk of declining trade integration between countries. A process referred to as the deglobalisation of trade.
The pandemic sent shocks through supply chains across the world. As a result, companies in some advanced economies have started to prioritise bringing production that was previously outsourced to Asia back home – or closer to home. The expectation is that this will avert ongoing – and future – supply-chain disruptions, ensuring a steady and reliable supply of goods.
“Africa has an advantage that it has never had before. The cheapest electricity in the world today, is daytime solar in Africa.
If we have the potential for the cheapest electricity, we also have the potential for the cheapest transportation. 40 percent of the national reserves of foreign currencies are used to purchase and import petroleum products. If a large amount of that cost is alleviated in African countries, it creates a system that is immune to fossil fuel-based inflation.”