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What will be the economic and social consequences of this loss of biodiversity? Can anyone help please?

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Answer:

economic consequences

Whilst human-made changes to ecosystems have often generated large economic gains, biodiversity loss damages the functioning of ecosystems and leads to a decline in essential services, which may have severe economic consequences, particularly in the longer term.

social consequences

Biodiversity loss can have significant direct human health impacts if ecosystem services are no longer adequate to meet social needs. Indirectly, changes in ecosystem services affect livelihoods, local migration and, on occasion, may even cause or exacerbate political conflict

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