The first of August marks the so-called "Earth overshoot day", according to a measurement from the organization Global Footprint Network. This means that humanity has used up the Earth's renewable resources for the year.
This means that we have consumed the planet's natural resources 1.7 times faster than our ecosystems can regenerate. The overconsumption leads to extensive consequences, including reduced biodiversity and more carbon dioxide in the atmosphere. This, in turn, risks leading to more frequent extreme weather and decreased food production.
Sweden is also among the worst countries in the world when it comes to resource waste. Our resources were already used up in April this year, according to TV4 News.
The measurements from Global Footprint Network have been made since the 1970s. Then, Earth overshoot day fell on December 25. Since then, resource consumption has steadily increased year after year, and in 2010, the date fell for the first time in August.