It is mid-year and already 78 countries have reached their overshoot day

All - Sep 06 2018

2018 overshoot days by country / continent

Note: With an ‘overshoot day’ estimated in 2019, Africa respects its ecological budget for the year

People consume the Earth’s natural resources to produce what they need. However, there are only so many resources that the planet can renew and so much carbon it can absorb in one year. The “Earth Overshoot Day” represents the date when the planet’s ecological footprint exceeds its biological capacity. Put more simply, it is the date when humanity has exhausted nature’s budget for the year and starts depleting resource stocks and accumulating carbon dioxide in the atmosphere.

For countries, two distinct overshoot days can be estimated. The first option represents the date when the global ecological budget would be exceeded if the whole world was living as the selected country. For instance, France reached its 2018 “overshoot day” on May 10. The second alternative is more country-specific and marks the day when the country exceeds its own biological capacity to renew its resources. From this perspective, France’s overshoot day comes a few months later, on July 29.

It is mid-year and, based on the first approach, 78 countries have already reached their overshoot day globally. The problem is not a small one. It is estimated that these countries will account for 40% of the world’s population, 85% of GDP and two thirds of carbon emissions this year.

Whatever the approach, the human population is consuming more resources than what the Earth can replace and is emitting more carbon dioxide than what the Earth can absorb – the world’s carbon footprint represents 60% of the world ecological footprint. As of today, we would need 1.7 Earths to subsist. We only have 1 Earth available to us, now would be the time to realize it.

 

Claire Hugo, Analyst  –  Sources: Beyond Ratings, Global Footprint Network, Earth Overshoot Day

 

 

Our latest
publications

Title
Category
Tag
Country
Date
Weekly food for thought
#Carbon
Global
2019-06-19
Weekly food for thought
#ESG
Global
2019-06-19
Weekly food for thought
#Credit Risk
United States
2019-06-19
Analyst insight
#Environment
Northern Area
2019-06-19
Weekly food for thought
#Carbon/Climate Change
Europe
2019-06-19
Weekly food for thought
#ESG
France
2019-06-19
Weekly food for thought
#Credit Risk
Peru
2019-06-19
Weekly food for thought
#Carbon #Carbon/Climate Change
World
2019-06-19
Weekly food for thought
#ESG
France
2019-06-19
Weekly food for thought
#Credit Risk #GDP
Europe
2019-06-19
Weekly food for thought
#Carbon/Climate Change
Global
2019-06-19
Weekly food for thought
#ESG
Global
2019-06-19
Weekly food for thought
#Credit Risk
France
2019-06-19
Analyst insight
#Credit Risk #France
Europe
2019-06-19
Weekly food for thought
#ESG
Global
2019-06-19
Weekly food for thought
#Carbon/Climate Change
Global
2019-06-19
Weekly food for thought
#ESG
Global
2019-06-19
Weekly food for thought
#GDP
Europe
2019-06-19
Analyst insight
#ESG
Global
2019-06-19
Weekly food for thought
#Carbon #Carbon/Climate Change
Global
2019-06-19
Weekly food for thought
#Carbon #ESG
France
2019-06-19
Weekly food for thought
#Credit Risk
Global
2019-06-19
Weekly food for thought
#Carbon #Carbon/Climate Change
Global
2019-06-19
Weekly food for thought
#ESG
Europe, USA
2019-06-19
Weekly food for thought
#GDP
France
2019-06-19
Analyst insight
#Environment
France
2019-06-19
Weekly food for thought
#Carbon #Carbon/Climate Change
Global
2019-06-19
Weekly food for thought
#Carbon/Climate Change #ESG
Global
2019-06-19
Weekly food for thought
#Credit Risk #GDP
China
2019-06-19
Weekly food for thought
#Carbon #Carbon/Climate Change
Global
2019-06-19
Weekly food for thought
#ESG
USA
2019-06-19
Weekly food for thought
#GDP
Global
2019-06-19
Analyst insight
#Credit Risk #Sovereign Debt
Global
2019-06-19
Weekly food for thought
#Carbon #Climate #IPCC #WMO
Global
2019-06-19
Weekly food for thought
#Carbon #Inequality #Paris Agreement
France
2019-06-19
Weekly food for thought
#GDP #Sovereign Debt
Italy
2019-06-19
Analyst insight
#Credit Risk #GDP #Geopolitics #Sovereign Debt
Global
2019-06-19
Weekly food for thought
#Environment
Global
2019-06-19
Weekly food for thought
#Carbon #Carbon/Climate Change #GDP
Global
2019-06-19
Weekly food for thought
#GDP
France
2019-06-19
Weekly food for thought
#Carbon #Carbon/Climate Change #Environment
Global
2019-06-19
Weekly food for thought
#Carbon #Carbon/Climate Change #Climate #Environment
Global
2019-06-19
Weekly food for thought
#Carbon #Carbon/Climate Change #Climate #Environment
Global
2019-06-19
Analyst insight
#GDP
Brasil
2019-06-19
Weekly food for thought
#Environment
Venezuela
2019-06-19
Weekly food for thought
#Environment #Natural Capital
Norway
2019-06-19
Analyst insight
#Carbon #Carbon/Climate Change #Climate
United Kingdom
2019-06-19
Weekly food for thought
#Agriculture #Biodiversity #Climate #GHG #Greenhouse gases
Global
2019-06-19
Weekly food for thought
#Biodiversity #Climate #Environment #ESG #IPCC #Oceans #SIDS
Global
2019-06-19
Weekly food for thought
#Credit Risk #GDP
France
2019-06-19
Weekly food for thought
#Carbon/Climate Change
Europe
2019-06-19
Weekly food for thought
#Carbon/Climate Change
France, Canada
2019-06-19
Weekly food for thought
#Credit Risk #GDP
Argentina
2019-06-19
Analyst insight
France, Egypt
2019-06-19
Weekly food for thought
#Carbon #Carbon/Climate Change #Climate
France
2019-06-19
Weekly food for thought
#GDP #Sovereign Debt
Germany
2019-06-19
Weekly food for thought
#Environment #ESG
Global
2019-06-19
Analyst insight
#GDP #Natural Capital #Sovereign Debt
South Africa, France
2019-06-19
Weekly food for thought
#Credit Risk #Sovereign Debt
United States
2019-06-19
Weekly food for thought
#Carbon/Climate Change
Global
2019-06-19
Weekly food for thought
#Carbon/Climate Change #Environment #ESG
Global
2019-06-19
Weekly food for thought
#Carbon/Climate Change #Climate
Global
2019-06-19
Weekly food for thought
#ESG
India
2019-06-19
Weekly food for thought
#Credit Risk #GDP
USA, Japan, European Union
2019-06-19
Weekly food for thought
#Carbon #Carbon/Climate Change #GDP #Paris Agreement #Sovereign Debt
Global
2019-06-19
Weekly food for thought
#Climate #Environment #Paris Agreement
Small Island Developing States, Global, Barbados, Fiji
2019-06-19
Weekly food for thought
#Credit Risk #GDP #Sovereign Debt
Venezuela
2019-06-19
Analyst insight
#Carbon #Carbon/Climate Change #Climate #Credit Risk
Global
2019-06-19
Analyst insight
Global
2019-06-19
Weekly food for thought
#Carbon #Carbon/Climate Change #Climate
Global
2019-06-19
Weekly food for thought
#Credit Risk #GDP
Global
2019-06-19
Analyst insight
#Biodiversity #Environment #Natural Capital
Brazil
2019-06-19
Weekly food for thought
#Credit Risk #Sovereign Debt
United States
2019-06-19
Weekly food for thought
#Carbon/Climate Change
Global
2019-06-19
Analyst insight
#Credit Risk #Sovereign Debt
United States
2019-06-19
Analyst insight
#Carbon/Climate Change #Credit Risk #ESG #Natural Capital
Global
2019-06-19
Analyst insight
#Carbon #Carbon/Climate Change
Europe
2019-06-19
Weekly food for thought
#Carbon #Carbon/Climate Change #Climate #Paris Agreement
France
2019-06-19
Weekly food for thought
#Credit Risk #Sovereign Debt
Europe
2019-06-19
Weekly food for thought
Global
2019-06-19
Analyst insight
Global
2019-06-19
Weekly food for thought
France
2019-06-19
Weekly food for thought
#Carbon/Climate Change #ESG
Global
2019-06-19
Weekly food for thought
Global
2019-06-19
Weekly food for thought
Global
2019-06-19
Weekly food for thought
Global
2019-06-19
Analyst insight
#Biodiversity #Climate #Environment #Natural Capital #Paris Agreement
Global
2019-06-19
Weekly food for thought
United States
2019-06-19
Weekly food for thought
Italy
2019-06-19
Weekly food for thought
Global
2019-06-19
Analyst insight
Middle East & North Africa
2019-06-19
Weekly food for thought
Global
2019-06-19
Weekly food for thought
Global
2019-06-19
Research note
#Carbon #Carbon/Climate Change #Climate #Paris Agreement
Global
2019-06-19
Weekly food for thought
Global
2019-06-19
Analyst insight
All
2019-06-19
Weekly food for thought
United States
2019-06-19
Weekly food for thought
All
2019-06-19
Weekly food for thought
#Carbon/Climate Change #Climate #Credit Risk
England
2019-06-19
Weekly food for thought
Global
2019-06-19
Weekly food for thought
Germany
2019-06-19
Analyst insight
Brazil
2019-06-19
Weekly food for thought
All
2019-06-19
Weekly food for thought
Italia
2019-06-19
Weekly food for thought
All
2019-06-19
Weekly food for thought
All
2019-06-19
Weekly food for thought
Canada
2019-06-19
Weekly food for thought
All
2019-06-19
Weekly food for thought
All
2019-06-19
Analyst insight
Sweden
2019-06-19
Weekly food for thought
All
2019-06-19
Weekly food for thought
All
2019-06-19
Weekly food for thought
Italia
2019-06-19
Analyst insight
All
2019-06-19
Weekly food for thought
USA
2019-06-19
Analyst insight
All
2019-06-19
Weekly food for thought
All
2019-06-19
Weekly food for thought
United Kingdom
2019-06-19
Weekly food for thought
United Kingdom
2019-06-19
Weekly food for thought
All
2019-06-19
Weekly food for thought
All
2019-06-19
Weekly food for thought
All
2019-06-19
Weekly food for thought
All
2019-06-19
Research note
All
2019-06-19
Weekly food for thought
All
2019-06-19
Weekly food for thought
All
2019-06-19
Weekly food for thought
Russia
2019-06-19
Analyst insight
Argentina
2019-06-19
Weekly food for thought
All
2019-06-19
Weekly food for thought
European Union
2019-06-19
Analyst insight
European Union
2019-06-19
Analyst insight
Greece
2019-06-19
Weekly food for thought
All
2019-06-19
Weekly food for thought
European Union
2019-06-19
Weekly food for thought
All
2019-06-19
Weekly food for thought
Cuba
2019-06-19
Weekly food for thought
All
2019-06-19
Analyst insight
Greece
2019-06-19
Weekly food for thought
European Union
2019-06-19
Weekly food for thought
French Guyana
2019-06-19
Weekly food for thought
#Sovereign Debt
Russia
2019-06-19
Weekly food for thought
All
2019-06-19
Weekly food for thought
All
2019-06-19
Weekly food for thought
Venezuela
2019-06-19
Analyst insight
All
2019-06-19
Weekly food for thought
United Kingdom
2019-06-19
Weekly food for thought
All
2019-06-19
Weekly food for thought
France
2019-06-19
Weekly food for thought
European Union
2019-06-19
Weekly food for thought
All
2019-06-19
Weekly food for thought
France
2019-06-19

Let's keep in touch!

This field is required
Invalid email

Register to our newsletter to be the first to hear about ...

Get started

More investors are choosing Beyond Ratings' proprietary ESG-augmented financial metrics to gain a 360° view of company and country ESG performance.