Business Correspondence in German
13.06.2024Europe Exports €147 Million Worth of Medical and Pharmaceutical Products to Iran
18.06.2024Earth Overshoot Day Is Coming Sooner and Sooner
This year, August 1 will mark Earth Overshoot Day, the day that humanity’s demand for ecological resources exceeds the resources Earth can regenerate within that year.
According to Statista, Over the decades, the ecological and carbon footprint of humans has gradually increased, all while Earth’s biocapacity, i.e., its ability to regenerate resources has diminished significantly. That has led to Earth Overshoot Day arriving earlier and earlier, moving from as late as December 30 in 1970. In the pandemic year of 2020, it did move back somewhat significantly from July 29 to August 22. But, despite 2023 representing a slight positive shift from 2022’s July 28, the trend was one of stagnation rather than progress.
The date of Earth Overshoot Day is announced each year on June 5 (World Environment Day) by Global Footprint Network. To determine the date of Earth Overshoot Day for each year, Global Footprint Network calculates the number of days of that year that Earth’s biocapacity suffices to provide for humanity’s Ecological Footprint. The remainder of the year corresponds to global overshoot. Earth Overshoot Day is computed by dividing the planet’s biocapacity (the amount of ecological resources Earth is able to generate that year), by humanity’s Ecological Footprint (humanity’s demand for that year), and multiplying by the number of days in a year. This year, as we are in a leap year, it is 366 days: Earth Overshoot Day 2024 falls on August 1.