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World's top firms cause $2.2tn of environmental damage, report estimates

Filed in: | February 19, 2010
A new report finds that the environmental damage caused by the world's biggest companies would cost $2.2 trillion if they were held financially accountable. The majority of these costs are attributed to greenhouse gas emissions and pollution; social and consumptive impacts were not included. Externalities of this scale could threaten global markets if not addressed. Read the full story in The Guardian.
The Centre for Civic Governance is an initiative of the Columbia Institute.