London - The world is heading for an "ecological credit crunch" with demands on natural resources exceeding by almost a third what the earth can sustain, conservation groups in Britain have warned.
The Living Planet Report, produced by the World Wildlife Fund (WWF), Britain's Zoological Society and the Global Footprint Network said that more than 75 per cent of the global population lived in countries where consumption levels were outstripping environmental renewal.
This fact made those countries "ecological debtors," meaning that they are drawing - and often overdrawing - on the agricultural land, forests, seas and resources of other countries to sustain them, said the report published Wednesday.