Australia Faces $583 Billion Annual Cost to Save Threatened Wildlife from Extinction and Invasive Weeds

Australia faces an unprecedented challenge in protecting its unique wildlife. New research reveals that fully recovering the country’s threatened species would cost $583 billion annually – a quarter of Australia’s GDP – over 30 years. “Stopping Australia’s extinction crisis is critical as the plight of threatened species shows broader ecosystem problems,” says Dr. April Reside from the University of Queensland’s School of Environment. The situation is dire. Since European settlement, Australia has lost at least 100 species. Currently, 1,657 land and freshwater species are at risk of extinction, with their populations declining 2-3% yearly over the past 25 years. The … Continue reading Australia Faces $583 Billion Annual Cost to Save Threatened Wildlife from Extinction and Invasive Weeds