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Global Resources Outlook 2024

Source: PIB
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Overview

  1. News in Brief
  2. About Global Resources Outlook 2024

Why in the News?

United Nations Environment Programme (UNEP) released Global Resources Outlook 2024 report titled, ‘Bend the trend: Pathways to a liveable planet as resource use spikes’.

News in Brief

  • The scientific community has never before been more aligned or more resolute on the need for urgent global transformation towards the sustainable use of resources.
  • This 2024 edition of the Global Resources Outlook sheds light on how resources are essential to the effective implementation of the Agenda 2030 and multilateral environmental agreements to tackle the triple planetary crisis.
  • The report brings together the best available data, modelling and assessments to analyse trends, impacts and distributional effects of resource use.
  • It builds on more than 15 years of work by the International Resource Panel, including scientific assessments and inputs from countries, a vast network of stakeholders in the field and regional experts.
About Global Resources Outlook 2024

  • Global Resources Outlook 2024″ report by UNEP.
  • Focuses on the importance of resource management in tackling the triple planetary crisis: climate change, pollution, and biodiversity loss.
  • Its forecasts suggest resource exploitation could surge by almost 60% from 2020 levels by 2060.
Highlights
  • Rising trends in global resource use have continued or accelerated.
  • Without urgent and concerted action, by 2060 resource extraction could rise by 60% from 2020 levels – driving increasing damage and risks.
  • The report also describes the potential to turn negative trends around and put humanity on a trajectory towards sustainability.
  • High income countries, over 55% of GHG emissions and 40% of particulate matter pollution come from the extraction and processing of resources like fossil fuels, minerals, and biomass.
  • Fossil fuels, metals, and non-metallic minerals (e.g., sand, gravel, clay) contribute to 35% of global emissions.
  • Additionally, 90% of land-related biodiversity loss and water stress, plus a third of GHG emissions, are linked to the agriculture and forestry sectors.

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