financetom
Economy
financetom
/
Economy
/
Earth4All study predicts world population to peak at 8.5 billion by 2050 before a growth curb thereafter
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Earth4All study predicts world population to peak at 8.5 billion by 2050 before a growth curb thereafter
Mar 28, 2023 3:30 AM

The world's population could reach 8.5 billion by 2050 before dropping to 7 billion by 2100, according to a new study. Using a new model to estimate population growth rates, a research team has found that investment in economic development, education and health could help reduce population growth.

Share Market Live

NSE

However, one of the recent projections from July 2022 by the United Nations, had suggested the world population could reach 8.5 billion much earlier that is by 2030 itself. The UN projection had also predicted that the world population will peak at around 10.4 billion in the 2080s.

ALSO READ | India’s population may have already overtaken China’s

They had also predicted that India, with 1.4 billion people, will become the most populous country this year.

Poverty alleviation

Researchers from the Earth4All initiative for the Global Challenges Foundation explored two scenarios: one in which the world continues to develop economically as it has in the last 50 years ("Too Little, Too Late") and another in which there is a significant investment in poverty alleviation ("Giant Leap").

In the latter scenario, if countries adopt successful policies for economic development, the researchers estimate that the population could peak at 8.5 billion by around 2040 and decline to around 6 billion people by the end of the century. In that situation, extreme poverty could also end by 2060.

Source: Callegari B., Stoknes P.E., People and Planet: 21st-century sustainable population scenarios and possible living standards within planetary boundaries.

With an "unprecedented" investment in education and health, and equal distribution of resources, extreme poverty could end by 2060, the model predicts.

Furthermore, the researchers argue that population growth is not the prime driver of exceeding planetary boundaries, but rather overconsumption from richer nations and bodies. It is important to note, however, that their report is still a working paper and has not been peer-reviewed.

ALSO READ | Day of 8 billion: How the global population has doubled in 50 years and now what?

A decline in population could be beneficial, as larger populations consume more non-renewable resources and cause more pollution. There is potential for the entire population to achieve living conditions beyond the UN's minimum level, they argue.

The carrying capacity of the Earth suggests that it is possible for everyone to escape extreme poverty and have access to food, shelter, energy and other resources, but only with an equal distribution of resources.

ALSO READ | World Bank warns of steep global slowdown, but there may be hope yet

(Edited by : C H Unnikrishnan)

First Published:Mar 28, 2023 12:30 PM IST

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Zoomed Out | Critical Minerals — why India's current strategy to become self-reliant is so vital
Zoomed Out | Critical Minerals — why India's current strategy to become self-reliant is so vital
Nov 29, 2023
Internationally, there are genuine security concerns related to the criticality in building more diverse and dependable value chains for critical minerals, about their environmental and social sustainability, and technological challenges. While, India has taken the right steps for creating an ecosystem for accelerated exploration and production of critical and new age minerals, observes FICCI Mining Committee Co-Chair Pankaj Satija.
JPMorgan has a new way to gauge its green progress
JPMorgan has a new way to gauge its green progress
Nov 15, 2023
As the largest energy banker, JPMorgan is a frequent target of criticism over Wall Street’s role in the climate crisis. At the same time, the bank is a leading US arranger of green bonds, making it vulnerable to Republicans seeking to protect the fossil fuel industry.
In fight to curb climate change, a grim report shows world is struggling to get on track
In fight to curb climate change, a grim report shows world is struggling to get on track
Nov 14, 2023
The State of Climate Action report released on Tuesday by the World Resources Institute, Climate Action Tracker, the Bezos Earth Fund and others looks at what's needed in several sectors of the global economy power, transportation, buildings, industry, finance and forestry to fit in a world that limits warming to 1.5 degrees Celsius (2.7 degrees Fahrenheit) over pre-industrial times, the goal the world adopted at Paris in 2015. The globe has already warmed about 1.2 degrees Celsius (2.2 degrees Fahrenheit) since the mid-19th century.
India looking into 'freak' incidents like damage to Sikkim's Chungthang dam: RK Singh
India looking into 'freak' incidents like damage to Sikkim's Chungthang dam: RK Singh
Oct 18, 2023
Stressing on the need to have quick ramp up and ramp down energy sources for grid balancing, the minister described hydroelectric power's role as essential in the path to energy transition as wind energy is intermittent and the sun doesn't shine 24×7.
Copyright 2023-2025 - www.financetom.com All Rights Reserved