Global Resources Outlook 2024. Bend the trend. Pathways to a liveable planet as resource use spikes

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Global Resources Outlook 2024. Bend the trend. Pathways to a liveable planet as resource use spikes

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Business and biodiversity basics

The world is immersed in a triple planetary crisis of climate change, biodiversity loss, and pollution and waste. The global economy is consuming more and more natural resources, while the world is not on track to meet the Sustainable Development Goals.

The scientific community has never before been so aligned or so determined on the need for an urgent global transformation towards the sustainable use of resources. This 2024 edition of the Global Resources Outlook sheds light on how resources are essential for the effective implementation of the 2030 Agenda and multilateral environmental agreements to address the triple planetary crisis.

The report brings together the best available data, models and assessments to analyse trends, impacts and distributional effects of resource use. It builds on more than 15 years of work by the International Resource Panel, including scientific assessments and country inputs, a broad network of stakeholders on the ground and regional experts.

The report illustrates how, since its 2019 edition, upward trends in global resource use have continued or accelerated. The publication also shows how the demand for resources is expected to continue to increase in the coming decades. This means that without urgent and concerted action, by 2060 resource extraction could increase by 60% from 2020 levels, leading to increasing damage and risks.

However, this fate is not sealed. The report also outlines the possibilities of reversing negative trends and putting humanity on a trajectory towards sustainability.

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