Forum for Science, Industry and Business

Sponsored by:     3M 
Search our Site:

 

Taking the Earth's pulse: UBC scientists unveil a new economic and environmental index

21.02.2012
A growing world population, mixed with the threat of climate change and mounting financial problems, has prompted University of British Columbia researchers to measure the overall 'health' of 152 countries around the world.

Encompassing both economic and ecological security, high-income countries were ranked among the least healthy overall. Many countries in South America performed well, offering future generations better financial, food, water, and energy security.

The top five performing countries are Bolivia, Angola, Namibia, Paraguay, and Argentina, while the bottom five performers are Jordan, the Republic of Korea, Israel, Kuwait, and Singapore.

"We hear that countries are suffering financially every day in the news," says Rashid Sumaila, director of the UBC Fisheries Centre, "but that only tells half the story. Piling up ecological deficits is just as concerning as piling up financial deficits – both have consequences for future generations."

Sumaila is presenting his work at the Annual Meeting of the American Association for the Advancement of Science (AAAS) on Feb. 20.

Using data collected between 1997 and 2007, researchers from the UBC Fisheries Centre and the Global Footprint Network created what they call the Eco2 Index.

Economic figures for the Eco2 Index come from the World Bank and take into account financial deficits, national debt and Gross Domestic Product. Ecological figures come from the Global Footprint Network and measure resource consumption and waste produced by a country in comparison to its carrying capacity as expressed in locally available resources such as agricultural land and energy.

Globally over the course of the decade, the index shows that scores fell steadily, caused by growing ecological deficits in many countries.

According to Sumaila's ranking, many high-income countries such as Japan, the United States, several European nations and the oil-rich Middle East, performed the worst - mostly due to high ecological deficits.

Singapore – a country that looks good economically – ranked last out of the 152 countries sampled. Despite recording a surplus of 28 per cent of GDP in 2007, "its ecological deficits are the worst in the world," says Sumaila,

Spurred by the desire for higher short-term consumption, low and middle-income countries are following the lead of high-income nations, liquidating their ecological and economic capital.

Sumaila says, "our actions today may have even greater consequences later on. It is concerning that both our financial and our ecological security are deteriorating."

Canada, Australia, parts of southwestern Africa and South America were among the top performers in Sumaila's rankings, due to large ecological surpluses.

"The Eco2 Index should help countries in planning for the future – they can use this information to identify what they need to work on, whether that's financial or ecological productivity," says Sumaila.

CONTACT:
Rashid Sumaila
UBC Fisheries Centre
Tel: 604.351.7406
Email: r.sumaila@fisheries.ubc.ca
Heather Amos
UBC Public Affairs
Tel: 604.822.3213
Cell: 604.828.3867
E-mail: heather.amos@ubc.ca
[N.B. Sumaila is participating in an AAAS symposium at 9:45 a.m. on Monday, Feb. 20 at the Vancouver Convention Centre in Room 206-207. He is available for embargoed interviews and can be reached at 604.351.7406. Photos of Sumaila are available at: http://www.aaas.ubc.ca/media-resources/photos/ Twitter hashtags: #AAASmtg and #UBC ]

Heather Amos | EurekAlert!
Further information:
http://www.ubc.ca

More articles from Studies and Analyses:

nachricht Some brain tumors may respond to immunotherapy, new study suggests
11.12.2018 | Columbia University Irving Medical Center

nachricht Climate change and air pollution damaging health and causing millions of premature deaths
30.11.2018 | International Institute for Applied Systems Analysis (IIASA)

All articles from Studies and Analyses >>>

The most recent press releases about innovation >>>

Die letzten 5 Focus-News des innovations-reports im Überblick:

Im Focus: Data use draining your battery? Tiny device to speed up memory while also saving power

The more objects we make "smart," from watches to entire buildings, the greater the need for these devices to store and retrieve massive amounts of data quickly without consuming too much power.

Millions of new memory cells could be part of a computer chip and provide that speed and energy savings, thanks to the discovery of a previously unobserved...

Im Focus: An energy-efficient way to stay warm: Sew high-tech heating patches to your clothes

Personal patches could reduce energy waste in buildings, Rutgers-led study says

What if, instead of turning up the thermostat, you could warm up with high-tech, flexible patches sewn into your clothes - while significantly reducing your...

Im Focus: Lethal combination: Drug cocktail turns off the juice to cancer cells

A widely used diabetes medication combined with an antihypertensive drug specifically inhibits tumor growth – this was discovered by researchers from the University of Basel’s Biozentrum two years ago. In a follow-up study, recently published in “Cell Reports”, the scientists report that this drug cocktail induces cancer cell death by switching off their energy supply.

The widely used anti-diabetes drug metformin not only reduces blood sugar but also has an anti-cancer effect. However, the metformin dose commonly used in the...

Im Focus: New Foldable Drone Flies through Narrow Holes in Rescue Missions

A research team from the University of Zurich has developed a new drone that can retract its propeller arms in flight and make itself small to fit through narrow gaps and holes. This is particularly useful when searching for victims of natural disasters.

Inspecting a damaged building after an earthquake or during a fire is exactly the kind of job that human rescuers would like drones to do for them. A flying...

Im Focus: Topological material switched off and on for the first time

Key advance for future topological transistors

Over the last decade, there has been much excitement about the discovery, recognised by the Nobel Prize in Physics only two years ago, that there are two types...

All Focus news of the innovation-report >>>

Anzeige

Anzeige

VideoLinks
Industry & Economy
Event News

ICTM Conference 2019: Digitization emerges as an engineering trend for turbomachinery construction

12.12.2018 | Event News

New Plastics Economy Investor Forum - Meeting Point for Innovations

10.12.2018 | Event News

EGU 2019 meeting: Media registration now open

06.12.2018 | Event News

 
Latest News

Data use draining your battery? Tiny device to speed up memory while also saving power

14.12.2018 | Power and Electrical Engineering

Tangled magnetic fields power cosmic particle accelerators

14.12.2018 | Physics and Astronomy

In search of missing worlds, Hubble finds a fast evaporating exoplanet

14.12.2018 | Physics and Astronomy

VideoLinks
Science & Research
Overview of more VideoLinks >>>