Threats to Sustainability
The threat to sustainability comes from the unplanned and unregulated exploitation of the world's natural resources. The increase in globalisation, the drive for economic growth, population growth and development in technology has made the need for management of global common access resources more and more necessary, whether this is by governments or by local communities.
Clearly, there are already many examples of threats to sustainability from the depletion and destruction of common access resources, such as deforestation, soil erosion and the overfishing of oceans. These are compounded by the pursuit of economic growth by newly developing countries, and in less economically developed countries where high levels of poverty and poor regulation creates negative externalities through over-exploitation of land for agriculture.
The depletion of natural resources, such as fossil fuels and fishing resources, creates individual hardship and political instability and potentially threatens world peace. Resource depletion is accelerating and the economic growth of countries that ignore this trend will be eroded by higher commodity prices.