Connect with us

Hi, what are you looking for?

Right Decision NowRight Decision Now

World News

Ukraine estimates $35B in environment damage from Russia invasion

BRUSSELS — Environmental damage in Ukraine caused by Russia’s invasion was estimated at around 36 billion euros ($35.3 billion), with millions of hectares of natural reserves under threat, Ukraine’s environment minister said on Monday.

One fifth of protected areas in Ukraine is at risk of destruction and about 2,000 cases of environmental damages have already been recorded, the environment minister, Ruslan Strilets, said, showing slides to European Union lawmakers at a hearing in the EU Parliament in Strasbourg, France.

According to estimates from the Ukrainian government, the bill from air pollution caused by the war in Ukraine is so far about 25 billion euros and another 11.4 billion euros are needed to address damage to soil.

Citing a new methodology developed by the Ukrainian government to calculate the damages, Mr. Strilets said the seven-month-old war alone had caused 31 million tons of CO2 emissions, roughly the amount produced by New Zealand annually.

He said another 79 million tons of greenhouse emissions could be produced for the reconstruction of infrastructure and buildings destroyed during the war. — Reuters

    You May Also Like

    Business

    The head of the International Monetary Fund has warned of increased risks to the stability of the financial system after weeks of banking sector...

    Business

    In the realm of luxury home and décor, few names resonate with as much prestige and elegance as Englanderline. As a leading luxury home...

    World News

    BEIJING — China landed an uncrewed spacecraft on the far side of the moon on Sunday, overcoming a key hurdle in its landmark mission...

    World News

    LONDON — Talks aimed at reaching a global agreement on how to better fight pandemics will be concluded by 2025 or earlier if possible,...

    Disclaimer: rightdecisionnow.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2024 rightdecisionnow.com | All Rights Reserved