This is now the world’s greatest threat – and it’s not coronavirus

Affluence could be our real downfall.

The greatest threat to the world is wealth and affluence
Spencer Platt/Getty Images

A detailed analysis of environmental research has revealed the greatest threat to the world: affluence.


  • Affluence is the biggest threat to our world, according to a new scientific report.
  • True sustainability will only be achieved through drastic lifestyle changes, it argues.
  • The World Economic Forum has called for a great reset of capitalism in the wake of the pandemic.

That's one of the main conclusions of a team of scientists from Australia, Switzerland and the United Kingdom, who have warned that tackling overconsumption has to become a priority. Their report, titled Scientists' Warning on Affluence, explains that true sustainability calls for significant lifestyle changes, rather than hoping that more efficient use of resources will be enough.

"We cannot rely on technology alone to solve existential environmental problems – like climate change, biodiversity loss and pollution," writes the report's lead author, Professor Tommy Wiedmann from Australia's University of New South Wales Engineering, in an article on Phys.org. "We also have to change our affluent lifestyles and reduce overconsumption, in combination with structural change."

Sustainable lifestyles are situated between an upper limit or 'environmental ceiling' and a lower limit or 'social foundation'.

Sustainable lifestyles are situated between an upper limit or 'environmental ceiling' and a lower limit or 'social foundation'. Image: Nature

A growing global challenge

There is widespread acceptance that the planet faces an ecological tipping point. "To care for humanity, we must care for nature," said United Nations Secretary-General António Guterres on World Environment Day in June. He stressed the importance of making changes as the world recovers from the recent pandemic: " As we work to build back better, let's put nature where it belongs – at the heart of our decision making."

Approximately half of global GDP is bound up in the natural world, according to the UN. In addition to the many millions of jobs dependent on nature, there are also billions of people intimately connected to and wholly reliant upon natural remedies and medicines.

Plus, the use of tree-planting and reforesting programmes could reduce the impact of global emissions and help meet the Paris Agreement target to keep global temperature increase below 1.5C.

Call for systemic changes

The threat of human-made environmental harm was highlighted in the World Economic Forum's Global Risk Report 2020, where it is in the top 10 of both the most-likely and the greatest-impact risks.

The chief problem outlined by the report is that any gains in resource efficiency and environmental protection offered by technology-based solutions have been outrun by the growth of consumption. The report also posits that it might be time to rethink traditional ideas about supply and demand

In capitalist societies, the theory goes that consumer need drives the rest of the economy – businesses will only produce things for which there is a demand. But the reality of 21st-century global capitalism is a little more complex than that – some economists argue that growth itself is the problem.

Global emissions, shown as the green dotted line, keep pace with the rise in production (purple) and global GDP (orange).

Global emissions, shown as the green dotted line, keep pace with the rise in production (purple) and global GDP (orange). Image: Nature

Time for a great reset

Writing shortly before World Environment Day, the Forum's founder and executive chairman, Professor Klaus Schwab, called for a great reset of capitalism in the wake of the coronavirus pandemic. His vision of the great reset includes creating a stakeholder economy, where the market pursues fairer outcomes for all, underpinned by changes to tax, regulatory and fiscal policies, and new trade arrangements.

Schwab also calls for investments that advance shared goals, such as equality and sustainability. This is something that is already taking place in parts of the world where economic-stimulus programmes are being enacted.

In addition, Schwab urges us to address health and social challenges with the innovations made possible by the Fourth Industrial Revolution. That means more public/private collaboration in pursuit of the public good.

The pandemic has devastated families and brought major economies to a standstill. But by directing resources into new and improved systems and processes, rather than shoring up the existing ones, Schwab believes a lasting change for the better is possible.

That belief is echoed by the scientists' report, which shows that affluence is "actually dangerous and leads to planetary-scale destruction," says co-author Julia Steinberger, Professor of Ecological Economics at the University of Leeds. "To protect ourselves from the worsening climate crisis, we must reduce inequality and challenge the notion that riches, and those who possess them, are inherently good."

Reprinted with permission of the World Economic Forum. Read the original article.

Every 27.5 million years, the Earth’s heart beats catastrophically

Geologists discover a rhythm to major geologic events.

Credit: desertsolitaire/Adobe Stock
Surprising Science
  • It appears that Earth has a geologic "pulse," with clusters of major events occurring every 27.5 million years.
  • Working with the most accurate dating methods available, the authors of the study constructed a new history of the last 260 million years.
  • Exactly why these cycles occur remains unknown, but there are some interesting theories.
Keep reading Show less

Babble hypothesis shows key factor to becoming a leader

Research shows that those who spend more time speaking tend to emerge as the leaders of groups, regardless of their intelligence.

Man speaking in front of a group.

Credit: Adobe Stock / saksit.
Surprising Science
  • A new study proposes the "babble hypothesis" of becoming a group leader.
  • Researchers show that intelligence is not the most important factor in leadership.
  • Those who talk the most tend to emerge as group leaders.
  • Keep reading Show less

    The first three minutes: going backward to the beginning of time with Steven Weinberg (Part 1)

    The great theoretical physicist Steven Weinberg passed away on July 23. This is our tribute.

    Credit: Billy Huynh via Unsplash
    13-8
    • The recent passing of the great theoretical physicist Steven Weinberg brought back memories of how his book got me into the study of cosmology.
    • Going back in time, toward the cosmic infancy, is a spectacular effort that combines experimental and theoretical ingenuity. Modern cosmology is an experimental science.
    • The cosmic story is, ultimately, our own. Our roots reach down to the earliest moments after creation.
    Keep reading Show less
    Surprising Science

    Ancient Greek military ship found in legendary, submerged Egyptian city

    Long before Alexandria became the center of Egyptian trade, there was Thônis-Heracleion. But then it sank.

    Quantcast