Earth Overshoot Day marks the day each year when humanity’s demand for ecological resources exceeds what the planet can regenerate in that 12-month period.
As the climate crisis escalates, the date has been moving earlier - this year, it falls on Thursday 29 July. From this point, for the remainder of the year, the earth is essentially operating in a deficit, consuming more natural resources than it can afford. The impact of the coronavirus pandemic meant that Earth Overshoot Day in 2020 was pushed back by three weeks, to 22 August as lockdowns meant far fewer people were travelling, planes were grounded, and carbon emissions plummeted. But as global economies have reopened, they have begun to rise again. We believe that investors have ...
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