How Fast Are Countries Burning Through Natural Resources?

How Fast Are Countries Burning Through Natural Resources?

Earth Overshoot Day landed yesterday, August 1, in 2024.

This means that after only seven months, we have already used up all of the resources that the world can regenerate in a year. The last five months will be burning into resources that – with no Planet B – we simply cannot afford.

This year’s country overshoot dates, released by the think tank Global Footprint Network, reveal a pretty daunting prospect. Not only do they show the extent to which we are over-extracting the planet’s resources, but they also underline the extreme inequalities that exist between countries.

As Statista’s Anna Fleck shows in the chart below, Qatar, a relatively small and rich country, is a main offender for burning through resources the fastest.

You will find more infographics at Statista

In fact, if the whole planet consumed resources at the pace of Qatar, we would have hit our 2024 threshold by February 11. Meanwhile, Morocco, Kyrgyzstan and Guinea are three of the handful of countries that have overshoot days in December.

The consumption divide seems to be split between richer, industrialized countries and those with a lower-income. 56 countries do not overextend their natural resources and therefore do not have an Earth Overshoot Day.

According to the Global Footprint Network’s methodology report, the findings take into consideration how much land/resources a country has and how much is needed to meet its people’s demand for food, timber, energy production, waste absorption and space for roads.

Tyler Durden
Fri, 08/02/2024 – 04:15

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