What does that mean?
Well, according to data from the Global Footprint Network, humanity is surpassing nature’s budget for the year, and is now operating in overdraft.
Similar to the way a bank statement tracks income against expenditures, Global Footprint Network tracks human demand on nature (for example, for providing food, producing raw materials and absorbing CO2) against nature’s capacity to regenerate those resources and absorb the waste. Its calculations show that, in approximately nine months, we have surpassed a level of demand on resources that the planet would be able to sustainably support this year.
For the rest of the year, we will maintain our ecological deficit by depleting resource stocks and accumulating CO2 in the atmosphere.