Earth Overshoot Day
Why in news?
- Humans have used a year’s worth of Earth’s resources in just seven months.
Earth overshoot day:
- Earth Overshoot Day marks the date when humanity’s demand for ecological resources and services in a given year exceeds what Earth can regenerate in that year.
- We use more ecological resources and services than nature can regenerate through overfishing, overharvesting forests, and emitting more carbon dioxide into the atmosphere than ecosystems can absorb.
- And the rate at which we are consuming the Earth’s natural resources is still speeding up.
- This year the annual date when people have caused a year’s worth of ecological damage i.e. the Earth Overshoot Daycomes two days earlier than last year.
- It falls on August 1 this year.
- It means humanity is currently using nature 1.7 times faster than our planet’s ecosystems can regenerate.
- The costs of the “ecological overspend” include biodiversity loss, deforestation, soil erosion, collapsing fisheries, fresh water scarcity and the buildup of carbon dioxide in the atmosphere, leading to a vicious circle of climate change and more severe droughts, wildfires and hurricanes.