What do environmental costs include?

Environmental costs include expenses related to the degradation of Natural Resources and ecosystems, such as pollution, habitat destruction, and depletion of biodiversity. They encompass both direct costs, like cleanup and restoration efforts, and indirect costs, such as health impacts and loss of ecosystem services. Additionally, these costs can also reflect the economic impact of regulations intended to mitigate environmental harm. Overall, environmental costs represent the financial implications of unsustainable practices on both society and the environment.