Real Estate Slated for Eleventh Headline Sector in GICSÂ® - Stock exchange-listed equity REITs and other listed real estate companies will be reclassified from the Financials Sector and elevated to an 11th headline Real Estate Sector of the Global Industry Classification Standard (GICS).
Forests are also cut as a result of growing urban sprawl. Not all deforestation is intentional. Some is caused by a combination of human and natural factors like wildfires and subsequent overgrazing, which may prevent the growth of young trees.Deforestation has many negative effects on the environment. The most dramatic impact is a loss of habitat for millions of species.Seventy percent of Earthâs land animals and plants live in forests, and many cannot survive the deforestation that destroys their homes. Deforestation also drives climate change.ot all deforestation is intentional. Some is caused by a combination of human and natural factors like wildfires and subsequent overgrazing, which may prevent the growth of young trees. Deforestation has many negative effects on the environment. The most dramatic impact is a loss of habitat for millions of species.
Deforestation is the second largest anthropogenic (human-caused) source of carbon dioxide to the atmosphere, ranging between 6 percent and 17 percent. (Van Der Werf, G. R. et al., 2009). Carbon isn't the only greenhouse gas that is affected by deforestation.Water vapor is also considered a greenhouse gas.oss of species: Seventy percent of the worldâs plants and animals live in forests and are losing their habitats to deforestation, according to National Geographic. Loss of habitat can lead to species extinction.