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- Invasive species are increasing worldwide due to mounting global trade, and a new study has found that these mammals, bugs and bacteria cost the US economy more than $21 billion per year, with agriculture the sector most affected.
www.wusf.org/local-state/2022-01-04/invasive-species-cost-the-us-21-billion-per-year-study-findsInvasive species cost the US $21 billion per year, study finds
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A 2021 study estimated that invasive species have cost North America $2 billion per year in the early 1960s to over $26 billion per year since 2010 (Crystal-Ornela, R. et al. 2021). Globally, it is estimated that the economic cost of invasive species has been $1.288 trillion over the past 50 years (Zenni, R.D. et al. 2021).
- General Impacts
These species accounts are based on thorough, up-to-date...
- General Impacts
Feb 1, 2022 · Models differed in their predictions of invasive species costs borne by the United States economy over the 1960–2020 period (Fig. 4; Table S5). The GAM predicted costs of $4.01 billion in 2020, while robust regression predicted 2020 costs at $6.19 billion (linear) and $0.28 billion (quadratic).
- Jean E. Fantle-Lepczyk, Phillip J. Haubrock, Phillip J. Haubrock, Andrew M. Kramer, Ross N. Cuthbert...
- 2022
Jan 4, 2022 · Invasive species are increasing worldwide due to mounting global trade, and a new study has found that these mammals, bugs and bacteria cost the US economy more than $21 billion per year, with agriculture the sector most affected.
Dec 30, 2023 · Yet federal government data reveals striking disparities in how much money is allocated to save various biological kingdoms. Of the roughly $1.2 billion a year spent on endangered and threatened species, about half goes toward recovery of just two types of fish: salmon and steelhead trout along the West Coast.
Mar 31, 2021 · Scientists from the CNRS, the IRD, and the Muséum National d’Histoire Naturelle have just released the most comprehensive estimate to date of the financial toll of invasive species: nearly $1.3 trillion over four decades.
Mar 31, 2021 · Invasive species have cost the global economy at least $1 trillion since 1970 and $162.7 billion in 2017 alone. The annual cost is increasing.
Jul 29, 2021 · In particular, invasive species cumulatively (from 1960–2017) cost the agriculture and forestry sectors US$ 527.07 billion and US$ 34.93 billion, respectively. Reporting issues (e.g.,...