Environment incurs Rs74b annual loss

STAFF REPORT PSH: A recently held seminar was told that the environmental degradation was costing around Rs74.2 billion annual loss to the Pak economy.

The seminar titled “Poverty and Nature” was organised by the Institute of Management Sciences Peshawar.

In his remarks, Babar Khan, consultant to the WWF, said that the environmental protection and conservation of nature is critical for sustainable development.

He said that the deprived and marginalised section of the society damage the environment at large since they depend on nature for their livelihood and survival. He said deforestation and environmental degradation affect the agriculture sector besides polluting water, which bears incalculable losses to the economy of Pakistan.

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