What is the cost of environmental degradation?
The report estimates that the death of adults due to pollution and other environmental concerns costs the country Rs 1,01,800 crore annually, while the loss of children has resulted in an accumulated cost of Rs 1,300 crore per year.
What hidden costs are associated with environmental degradation?
Among these costs are: 1) direct medical expenses for persons made ill by toxic exposures; 2) indirect health-related costs such as time lost from school or work, costs of rehabilitation and costs of special education; 3) diminished economic productivity in persons whose brains, lungs or other organ systems are …
What are the consequences of environmental degradation?
Consequences include increased poverty, overcrowding, famine, weather extremes, species loss, acute and chronic medical illnesses, war and human rights abuses, and an increasingly unstable global situation that portends Malthusian chaos and disaster.
What are the problems associated with a degradation?
“Environmental degradation is the deterioration of the environment through depletion of resources such as air, water and soil; the destruction of ecosystems; habitat destruction; the extinction of wildlife; and pollution.
What is the cost of environmental degradation in India?
about Rs. 3.75 trillion
According to the assessment done by the authors of the report, the annual cost of environmental degradation in India amounts to about Rs. 3.75 trillion ($80 billion) equivalent to 5.7\% of GDP.
What are the causes of environmental degradation?
The major causes of the environmental degradation are modern urbanization, industrialization, over-population growth, deforestation etc. Environmental pollution refers to the degradation of quality and quantity of natural resources.
What are the hidden costs?
Expenses that are not normally included in the purchase price for a piece of equipment or machine e.g. maintenance, supplies, training, support and upgrades.
What is social and environmental cost?
Environmental and social costs cover a wide spectrum of concerns (for example, occupational safety, public health, economic productivity, environmental diversity, social stability), and each policy or action produces a different mix of impacts and. costs. (
What are some examples of environmental degradation?
Few examples of environmental degradation:
- Deforestation.
- Soil erosion.
- Falling levels of ground water.
- Depletion of the ozone layer and combustion from automobiles causing extreme air pollution.
- Water Pollution.
- Throwing waste in river.
- Use of chemical fertilizers and pesticides.
- Burning of coal and mineral oil.
What are five effects of environmental degradation?
Environmental degradation is therefore a concept that touches on a variety of topics namely deforestation, biodiversity loss, desertification, global warming, animal extinction, pollution, and many more.
What factors cause environmental degradation?
Environmental degradation is a result of the dynamic inter play of socio-economic, institutional and technological activities. Environmental changes may be driven by many factors including economic growth, population growth, urbanization, intensification of agriculture, rising energy use and transportation.
What is damage cost?
Damage cost is the cost incurred by repercussions (effects) of direct environmental impacts (for example, from the emission of pollutants) such as the degradation of land or human—made structures and health effects. In environmental accounting, it is part of the costs borne by economic agents.
What are the effects of economic growth and environmental degradation?
The environmental degradation has three damaging effects. It harms human health, reduces economic productivity and leads to the loss of amenities. The following factors are responsible for the costs of economic growth and environmental degradation: 1. Industrialization:
What are the factors responsible for the costs of economic growth?
The following factors are responsible for the costs of economic growth and environmental degradation: 1. Industrialization: The strategy of heavy industrialization is the main cause of environmental degradation in different countries.
How does transport development affect environmental degradation?
Environmental degradation is also due to transport development in the different parts of the world. Road, air and sea transportation lead to air pollution, noise pollution and sea pollution. The development of port and harbours have led to oil spills from ships and adversely affected fisheries, coral reefs, mangroves and landscapes.
What are the effects of deforestation?
Deforestation also causes environmental problems. Deforestation leads to felling of trees and of natural plants growth for setting up industries, and building towns, roads, highways and dams etc. It destroys flora and fauna. It leads to localised flooding in hilly and adjoining areas.