OECD Report Predicts Dramatically Decreased Standard of Living Due to Environmental Destruction


Read this story from Agence France-Presse on a new report commissioned by the Organization for Economic Cooperation and Development predicting grave socioeconomic ramifications from increasing environmental problems. (March 16, 2012)

PARIS – Pressures on Earth’s ecosystem are now so great that future generations could be doomed to falling living standards, the OECD said on Thursday in a report looking to the mid-century.

“Providing for a further two billion people by 2050 and improving the living standards for all will challenge our ability to manage and restore those natural assets on which all life depends,” it warned.

“Failure to do so will have serious consequences, especially for the poor, and ultimately undermine the growth and human development of future generations.”

The report by the Organisation for Economic Cooperation and Development (OECD) builds on previous peeks-into-the-future, ending in 2030, that focused on climate change, biodiversity and the impacts on health for pollution.

“The prospects are more alarming than the situation described in the previous edition,” it said, speaking of “irreversible changes that could endanger two centuries of rising living standards.”

Read more: http://www.canada.com/business/Environmental+crunch+worse+than+thought+OECD+2050+report/6313069/story.html