A study set to be published by the United Nations (UN) this summer is expected to highlight the importance of conserving our environment.
The biodiversity report, known as Stern for Nature, will warn countries to stop destroying the natural world, according to the Guardian.
It claims that the cost of protecting services provided by nature, such as medicine and clean water, may be up to 100 times more expensive than the costs of saving the environment that supplies them.
Hundreds of organisations have backed a letter from the director of the Natural History Museum Michael Dixon which warned: "The diversity of life, so crucial to our security, health, wealth and wellbeing is being eroded."
The authors of the report have cautioned that the value of protecting the natural world is more important than tackling climate change.
Published in 2007, the original Stern Report stated that how money is invested in the next two decades will have a profound effect" on the worlds climate in the next 100 years.
Posted by Joseph Hutton