by Sophie Perez Fernandes, Junior Editor
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According to data from the Global Footprint Network, August 1 is Earth Overshoot Day 2018.
Earth Overshoot Day is an initiative of Global Footprint Network, a non-profit international research organization dedicated to the development and promotion of tools to promote sustainable development. The date of Earth Overshoot Day is calculated by comparing two metrics: the Global Ecological Footprint, humanity’s total yearly consumption, with biocapacity, Earth’s capacity to regenerate renewable natural resources in that year. Both metrics are calculated each year with National Footprint Accounts and using UN statistics and data from additional sources.
As explained in the website, Earth Overshoot Date marks the date when all of humanity have used more from nature than our planet can renew in the entire year. According to the information disclosed last June, humanity will have exhausted on August 1, that is, in just over seven months, its entire nature’s resource budget of 2018. As from that date, the world will live on credit in 2018 – an environmental credit that, according to the data disclosed, is contracted earlier and earlier. Exceeding in 1961, planet Earth registered the first deficit in its environmental budget in the 1970s. Since then, the growing ecological footprint that accompanies the demographic and economic growth of the planet explains that Earth Overshoot Day occurs ever earlier – until the earliest date calculated of August 1 in 2018.
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