Malawi ‘pays heavy cost for environmental damage’

AFP: Impoverished Malawi loses 191 million dollars (147 million euros) a year to environmental damage including soil erosion, deforestation and over-fishing, a UN-backed study said on Wednesday. "This cost is equivalent to 5.3 percent of GDP each year," said Ronald Mangani of the University of Malawi, who led the research financed by the UN Development Programme. "Malawi would be richer by 191 million dollars each year," he added. "Malawi pays a high price for unsustainable ......

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