Since 1961, the first year consistent United Nations statistics were available, humanity’s demand on resources has gone from being within the means of what nature could support to significantly over budget. Our planet went into global overshoot in the early 1970s. A symbolic indicator had to be created which would show the world the urgency to find and apply solutions.
In themed 1980s, Andrew Simms of the UK think tank New Economics Foundation came up with a smart solution which he called Earth Overshoot Day (EOD) or Ecological Debt Day which marks the date when humanity has exhausted nature’s budget for the year.
For the rest of the year, by maintaining our ecological deficit by drawing down local resource stocks and accumulating carbon dioxide in the atmosphere, we are operating in overshoot.
In 1990, EOD was October 11, by 2000, it was September 23, by 2019 it was July 29. By 2020, EOD had moved back by more than three weeks to August 22. but only due to the global coronavirus lockdown. Solutions for making it move further back can be found on overshootday.org but also here on 366Solutions.com
What you can do: Keep Earth Overshoot day in the back of your mind for being frugal.
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