The past two years have seen a multitude of bailouts being issued to help companies and governments survive through an economic crisis. Trillions have been invested in automotive companies, governments and banks, but the International Union for Conservation of Nature (IUCN) warns that a bailout is needed in order to protect the world’s biodiversity, which is currently going through the sixth-mass extinction to occur in the past 500 million years.
The IUCN is calling for a 10-year strategy to be implemented in order to reduce the pressure on natural resources, while increasing governmental response to help species around the world. According to IUCN, currently 30 percent of all amphibians, 12 percent of the known bird species and 25 percent of corals are in threat of becoming extinct.
While the international community pledged to stop species decline by 2020 eight years ago, the pace of biodiversity loss has continued
IUCN is hoping that international cooperation like what was seen with the financial crisis can be used to help species. They warn that if a plan is not created to help species on this planet, our species may not survive.
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