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The Biodiversity Summit in Japan is kicking off week 2 and we thought we’d give you a recap with some highlights and news stories from last week.

The Economics of Ecosystems and Biodiversity released a report highlighted the enourmous (but necessary) cost of altering the global economy to put value on forests, reefs and other elements of nature. It recommended that businesses and governments should report their damaging impact on the environment and provide financial compensation for it.

Today, delegates from over 190 nations are converging at the UN Convention on Biological Diversity meeting in Nagoya, Japan. For 2 weeks, they will be discussing ways to curb the erosion of biodiversity on the planet.

Ryo Matsumoto, Japan's Environment Minister said "we are now close to a 'tipping point' - that is, we are about to reach a threshold beyond which biodiversity loss will become irreversible”

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