'Ecoflation' poses risk to business

Washington-based think tank The World Resources Institute (WRI) has warned that the cost of many commodities could rise by up to 45% over the next decade as a result of global environmental damage, accelerating climate change and new green legislation, resulting in a potentially devastating impact on businesses' bottom lines.

Consultancy AT Kearney joined WRI to study how six unnamed companies from across the US consumer goods sector would be impacted by rising commodity pricaes over the next

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