Freshly-harvested Bluefin tunas are uploaded from a 'tuna farm', off the Calabrian coast in southern Italy November 20, 2009. Photo: Reuters / Tony Gentile

By Chisa Fujioka; editing by David Fogarty
Mon Oct 18, 2010 9:44am EDT NAGOYA, Japan (Reuters) – The world cannot afford to allow nature’s riches to disappear, the United Nations said on Monday at the start of a major meeting to combat losses in animal and plant species that underpin livelihoods and economies. The United Nations says the world is facing the worst extinction rate since the dinosaurs vanished 65 million years ago, a crisis that needs to be addressed by governments, businesses and communities. The two-week meeting aims to prompt nations and businesses to take sweeping steps to protect and restore ecosystems such as forests, rivers, coral reefs and the oceans that are vital for an ever-growing human population. These provide basic services such as clean air, water, food and medicines that many take for granted, the United Nations says, and need to be properly valued and managed by governments and corporations to reverse the damage caused by economic growth. … Japan, chair of the meeting, said agreement on an ambitious and practical 2020 target was key. “We are nearing a tipping point, or the point of no return for biodiversity loss,” Japanese Environment Minister Ryu Matsumoto told the meeting. “Unless proactive steps are taken for biodiversity, there is a risk that we will surpass that point in the next 10 years.”

World needs urgent action to stop species loss: U.N