Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-10-06-Speech-3-103"
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"en.20101006.12.3-103"2
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"Madam President, biodiversity is not some abstract word that is used by abstruse scientists to look after some environmental peculiarity. Biodiversity is the very core of our survival on this planet as a human race.
Take, for example, a recent calculation done by Dr Pavan Sukhdev about the loss of biodiversity and the value of that loss. His findings show that deforestation alone – the loss of the Earth’s lung, which changes carbon dioxide to oxygen and which enables us to breathe – is costing USD 4.5 trillion every year. Every year, we are losing in replacement costs 4.5 trillion US dollars’ worth of oxygen manufacturing process. That is about the size of the New York Stock Exchange.
If, every year, we lost an asset with the value of the New York Stock Exchange, I am sure everybody in this room would be up and running around, but because it is biodiversity, nobody seems to care. That is an enormous amount of funding that would be required to replace the loss of oxygen that we cut down by cutting these trees.
Take the collapse of the Newfoundland cod fisheries in the 1990s. It has cost CAD 2 billion in replacement costs. If we lose – as we are doing – some of the pharmaceutical genetic material which comes from biodiversity, we will be losing about 640 billion dollars’ worth of raw materials. This is a very serious issue and we need serious people making serious decisions."@en1
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