What is the role of biodiversity in economic development? 🔊
The role of biodiversity in economic development is substantial, as it contributes to ecosystem services essential for human well-being. Biodiversity supports various sectors, including agriculture, fisheries, and tourism, by providing genetic resources, maintaining soil health, and promoting ecosystem resilience. Healthy ecosystems can enhance food security and protect water resources, which are vital for sustainable economic growth. Moreover, biodiversity fosters innovation and new products in industries like pharmaceuticals, ultimately driving economic progress by harnessing nature's potential.


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