Released in time for International Day for Biological Diversity, 22nd May, a new study has revealed the price of subsidising people living in environmentally vulnerable areas could be less than financial aid paid to polluting industries. Overall, the introduction of a conservation basic income (CBI) is estimated to cost around £380bn per year for low and middle-income countries. Working out at £4.40 per person, per day, for those living in protected areas or alongside at-risk species, this expenditure would be less than the £400bn per year being paid to fossil fuel companies and other ecologically damaging firms.
The research, conducted […]
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