PwC: 55% of global GDP at risk from nature loss
More than half of the world’s GDP, equivalent to $58trn, is dependent on nature – up from $44trn in 2020.
PwC to launch new global Centre for Nature Positive Business, bringing together and further expanding capabilities and expertise across the world in areas such as biodiversity, water, regenerative agriculture and forestry
PwC to double the size of its team of nature specialists over the next 12-months
Initiatives include upskilling 328,000 strong global workforce, assessing PwC’s
impact on nature across its supply chain, and embedding nature positive strategies into client services as part of broader climate and sustainability activities
The nature imperative is clear: new PwC research finds that more than half of the world’s GDP – as well as market value of listed companies on 19 major stock exchanges – is exposed to material nature risk
LONDON, 19 April 2023 – Ahead of Earth Day, PwC is building on more than a decade at the forefront of climate-related initiatives by boosting its global nature and biodiversity capabilities as new PwC research, released today, finds that 55% of the world’s GDP is exposed to material nature risk. As part of a global suite of initiatives, PwC will launch a new global Centre for Nature Positive Business and provide nature positive training to help upskill its 328,000 strong global workforce in order to better understand nature impacts and work towards nature positive outcomes with clients.
The nature imperative: an increased proportion of the world’s GDP is exposed to material nature risks
The initiatives come as new PwC analysis finds that nature’s decline poses significant risks to the global economy and society-at-large if organisations do not transform their practices now. More than half (55%) of the world’s gross domestic product (GDP) – equivalent to an estimated US $58 trillion – is moderately or highly dependent on nature, rising from US $44 trillion in 2020. All 163 economic sectors analysed by PwC have a portion of their value chain that is highly dependent on nature. The health of natural ecosystems and biodiversity have far reaching implications, with more than half (50.6%) of the market value of listed companies on 19 major stock exchanges exposed to material nature risk.
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